i've never been much of a flipper but I think it makes sense to explore all avenues. When it comes to flipping names what would be your target profit to consider a flip successful? I could see doubling your money on a $500 sale makes sense. Turning $500 into $1,000 Is a no brainer but doubling your money on an $8 handreg to me would be a waste of time.
How do you figure out what percentage of profit to target? I would think that as the sales price of the name goes down the percentage of profit should go up. 1 time your money on a $500 sale is great but I would at least want 10 times my money on a handreg. How do you find your sweet spot?
Any and all thoughts about the subject are welcome. Thanks for your time.
How do you figure out what percentage of profit to target? I would think that as the sales price of the name goes down the percentage of profit should go up. 1 time your money on a $500 sale is great but I would at least want 10 times my money on a handreg. How do you find your sweet spot?
Any and all thoughts about the subject are welcome. Thanks for your time.
