Can you make money with new domains?

[RenFromPenn]

I have investigated purchasing expired domains with traffic, but it seems impossible to compete with the big boys. Has anyone found money in registering brand new keyword domains? I thought that these might be good for type-in traffic, but I didn't know if they would generate enough cash.

 

[andriegel]

I think this is some very good advice!

too bad i don't have the skills to develop

I think that's the wrong attitude. You may buy a lot of land, but does that mean you know how to buid a house?

There are several things you can do to get a website going some takes a little effort, some takes a little $$.

You can hire a designer to develop the site. You can go to various freelance site and get some one to put a site together for you....nothing to fancy. Yeah, it'll cost money, but i also increases the value of your site allowing you to sell it and get a bigger profit.

Second, you can download free scripts like Mambo or something like that can get you going with a site in a matter of minutes.

I know this isn't real estate, but that is what it reminds me of. I have a friend that's into real estate. He will buy land, builds on the land, and then turns around and sells it for 3-5 times what he invested in it. He doesn't put the buildings up himself, he hires a construction/building company for that .