NameSilo

How to double Your Capital in six months

Labeled as discuss in General Domain Discussion, started by Haroon Basha, May 27, 2020

Replies:
58
Views:
4,708

  1. Recons.Com

    Recons.Com Top Contributor VIP

    Posts:
    6,861
    Likes Received:
    15,032
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,878
    Likes Received:
    10,107
    Hahaha. That's right. I wonder if this is coincidence or what but the same mistake has been repeated by at least 2 members in past 24 hours or so in this forum and haven't noticed it prior.

    The best thing is at least I own AbdulBasit.com domain :xf.wink:
     
  3. Recons.Com

    Recons.Com Top Contributor VIP

    Posts:
    6,861
    Likes Received:
    15,032
    True ) nothing beats owning exact match .com of your brand. I own my first name in .com, but haven't used it yet other than email. Not sure if I should or leave it for my son who has the same name.
     
  4. dennisok

    dennisok Established Member

    Posts:
    250
    Likes Received:
    148
    @Recon.com, so sorry it was exactly meant for @abdulbasit but you were mistakenly tagged. Is there a way i can delete the post?
     
  5. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,878
    Likes Received:
    10,107
    You tagged @Recons.Com also wrong by mistake with @Recon.com :xf.laugh:
     
  6. fleaking

    fleaking VIP Member VIP ★★★★★★★★★★

    Posts:
    858
    Likes Received:
    178
    I can share my experience, I am a small time domainer and also a father of two baby daughters, so I have very limited time on domaining in recent years.

    Therefore I focus mainly on daily pending delete .com domains and use tools like dotDB to recognize valuable domains, and I would pick up about 30 top deleting .com domains that have good number of similar registered domains(according to dotDB counts) and place backorder requests for them at DropCatch, SnapNames, and normally I wound avoid any bidding wars, which means I get only domains without competitions.

    By doing this regularly, I can get about 3 .com domains weekly and 12 to 15 .com domains monthly. It costs me something like $800 USD a month, and I can also sell about 3~5 domains getting from this procedure for $1,000 to $5,000 each easily every month.

    For example, I acquired agilice.com at $59 through DropCatch.com on 2020-03-19 and sold it for $4,000 about 1 and half month later. (I still don't know what agilice means till now, I don't even need to know its meaning because dotDB tells me that there are some serious buyers behind it)

    I have just done a simple calculation and noticed that I spent around $5,000 USD to acquire domains in the past half a year with this procedure, and I also sold such kind of domains for about $30,000 USD totally in the same period of time. It is about 6 times in the ROI.

    I think there are still plenty of opportunities, if you can find a great way to dig out valuable domains and make trash to treasure like me, you are quite possibly to double your capital in 6 months. I strongly recommend using dotDB, their Bulk Search would save you a lot of time on finding potential valuable domains and buyers.

    fleaking
     
    Last edited: May 29, 2020
  7. dennisok

    dennisok Established Member

    Posts:
    250
    Likes Received:
    148
    @fleaking thanks for the details but how do you use DOTDB to determines a domain that has much/serious potential buyers, Is it by numbers of registered similiar keywords?
     
  8. jim h

    jim h Upgraded Member Gold Account

    Posts:
    791
    Likes Received:
    271
    Only dropcatch is possible.(With high risk)

    What are the present trends?
    new gtlds(With high risk)
    What are the future domain names?
    Dont know.
    What are the best keywords preferred.
    shop
    bitcoin
    pop
    tv
    ai
    vr
    sport
    free
    download
    ...
     
  9. fleaking

    fleaking VIP Member VIP ★★★★★★★★★★

    Posts:
    858
    Likes Received:
    178
    Let's take Agilice.com for example: https://dotdb.com/search?keyword=agilice&position=any
    By searching at dotDB you will know that Agilice has been taken in .com, .net, .app, .cl, .digital,
    and also below domains.

    agiliceapp.com
    agiliceco.com
    agilicedigital.com
    agilicegroup.com
    ....
    ...
    ..

    These are the clues that Agilice.com must be worth something more than $59 USD. And normally I would go for domains with more than 10 potential buyers according to dotDB's result.

    fleaking
     
    Last edited: May 30, 2020
  10. dennisok

    dennisok Established Member

    Posts:
    250
    Likes Received:
    148
    @fleaking thanks alot! Your explanation is clear and well understood.
     
  11. mickey-jay

    mickey-jay Established Member

    Posts:
    50
    Likes Received:
    35
    How about renewal cost. Did you factor it before deciding your profit or don't you renew your name after one year.
     
  12. frank-germany

    frank-germany domainer since 2001 / musician VIP

    Posts:
    8,458
    Likes Received:
    12,010

    buy a handreg for $3 USD and sell it for $6 USD at namepros
    but don't wait 6 month
    do it now
     
  13. Recons.Com

    Recons.Com Top Contributor VIP

    Posts:
    6,861
    Likes Received:
    15,032
    That made me laugh ) Definitely one of my favorite guys on the forum I'd love to have a beer with )))
     
  14. Recons.Com

    Recons.Com Top Contributor VIP

    Posts:
    6,861
    Likes Received:
    15,032
    thanks, interesting. What does dotDB offer that other similar services don't?
     
  15. Ntmt

    Ntmt Top Contributor VIP

    Posts:
    758
    Likes Received:
    1,354
    Thanks for sharing your approach!
    I've checked each registered name with agilice and only 2 of them have developed websites:
    https://agilice.cl/
    http://www.agilicedigital.com/
    So it seems like only 2 potential customers or am I missing something?
     
  16. Recons.Com

    Recons.Com Top Contributor VIP

    Posts:
    6,861
    Likes Received:
    15,032
  17. frank-germany

    frank-germany domainer since 2001 / musician VIP

    Posts:
    8,458
    Likes Received:
    12,010
    that would be great!

    thank you
     
  18. enterscope

    enterscope Domain Investments Gold Account

    Posts:
    1,244
    Likes Received:
    251
    Best strategy for newbie is to learn as much about valuations as you can, join DNAcademy and watch DomainSherpa on youtube before you buy any domains. When you have the confidence to start investing, then set a budget and buy 1-3 of the best domains you can in your price range. Research all the available names and buy only when you are certain you can turn a profit. Better to buy 1 domain at $100 that is valuable than 10 hand reg domains that are worthless.
     
  19. Sam Roy

    Sam Roy Top Contributor VIP

    Posts:
    2,098
    Likes Received:
    2,222
    Very out of box approach.
    I have observed on 'Completed Domain Sales' thread. Many seemingly useless domains rap up big sales. I just wonder how come such domains even cross the mind of sellers.
    Now your explanation make sense to me. Thank you for sharing.

     
  20. Zagalee

    Zagalee Established Member

    Posts:
    121
    Likes Received:
    211



    This approach is fleaking awesome. Thanks for sharing.
     
  21. Amiens

    Amiens Established Member

    Posts:
    14
    Likes Received:
    18
    Your method is very different but I like the results. Thanks for sharing.
     
  22. keston57

    keston57 Established Member

    Posts:
    188
    Likes Received:
    101
     
  23. keston57

    keston57 Established Member

    Posts:
    188
    Likes Received:
    101
    This advice is usually ignored by most newbies, they are usually in a haste to start earning.
     
  24. lock

    lock DomainUsed.com VIP

    Posts:
    4,440
    Likes Received:
    4,147
    I can't believe i have had to look at your head 3000 times now but congrats on your milestone if you like round numbers.
     
    Last edited: Jun 2, 2020
  25. Domainstore

    Domainstore Top Contributor VIP ★★★★★★★★★★

    Posts:
    1,617
    Likes Received:
    879
    Thanks for some new information, anybody else ?
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!
NameWorth
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...