Dancing Tree
New Member
- Impact
- 18
Hello Digital Warriors.
I come from real estate and I have arrived here to invest in some digital real estate. I have the patience of a standing tree and this is my idea of a long term passive strategy. Please review.
One Domain.
I want to to just buy it right and I most likely will use the services of some brokers to find the best possible domain name at a investor price and wait 5 to 10 years for the right buyer to give me the best retail price. Of course a big part of the strategy would have to do with the quality of the domain and buying it right. I'm very patient and I can wait for the right seller and I can certainly wait for the right buyer.
I have two questions that I would love to get some feedback on please.
1) How much should I expect to pay as an investor now if I want to see a return of around $300,000 in the next 5 to 10 years?
2) What sort of qualities should I focus on this one domain so that I can maximize my chances on seeing a nice return on my investment?
( Here are some of the general rules I have so far : Aged .com + short generic word with infinite usage possibilities, words that will always retain their value. Feel free to critique or recommend what I should focus on this one Domain to rule them all )
I come from real estate and I have arrived here to invest in some digital real estate. I have the patience of a standing tree and this is my idea of a long term passive strategy. Please review.
One Domain.
I want to to just buy it right and I most likely will use the services of some brokers to find the best possible domain name at a investor price and wait 5 to 10 years for the right buyer to give me the best retail price. Of course a big part of the strategy would have to do with the quality of the domain and buying it right. I'm very patient and I can wait for the right seller and I can certainly wait for the right buyer.
I have two questions that I would love to get some feedback on please.
1) How much should I expect to pay as an investor now if I want to see a return of around $300,000 in the next 5 to 10 years?
2) What sort of qualities should I focus on this one domain so that I can maximize my chances on seeing a nice return on my investment?
( Here are some of the general rules I have so far : Aged .com + short generic word with infinite usage possibilities, words that will always retain their value. Feel free to critique or recommend what I should focus on this one Domain to rule them all )