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if you could sell a premium for a million next year would you partner with a stranger to buy it?


  • Final results
  • 10 votes
  • Ended 6 years ago

The Durfer

Wesley SweatmanTop Contributor
Impact
16,322
ive been wondering if anybody here has ever partnered to buy a premium? let me know. thank you and I might pm you.
 
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owntype

DomainName.comTop Member
Impact
2,770
I co-invested a domain name with a domainer friend in 2009.
He found that domain name first but lack of funds, so he talked with me and we paid together (50/50, and the total price is $7,000)
We agreed to hold it as a long term investment for at least 12 months before we actively selling it to end-users. However, after around 2 months, he asked me if I would like to buy his 50% because he need some quick cash to buy something else. So I bought the domain back. I sold it later for $68,000 in 2014. Not a premium deal though.

Actually I feel bad about it. My advice, don't co-invest in domain names if you can afford that domain name alone. Or you should try domain loans.
 

The Durfer

Wesley SweatmanTop Contributor
Impact
16,322
thank you, glad it worked out for you even though the other baled out.