Make Money Online by “Find Expired Domains”
When someone buys a domain, they only buy it for a certain time – usually 1, 2, 3, or 5 years.
If they forget to renew their domain, or just choose not to, the domains go into a database and you can choose to buy them.
This is a cool way to capitalize on sites that already have traffic.
Also, older domains generally get higher preference in Google, so you can start out with a site that has a good search engine ranking.
You can either build on these sites or flip them to other people for more money.
In order for you to make money finding expired domains, here are some steps you can take:
➢ Find an expired domain name database. Checkout site examples like: https://www.expireddomains.net/ and https://www.freshdrop.com/
➢ Buy domains.
➢ Decide whether you want to improve upon the sites, or just flip them. If you opt to improve them, then make your changes. If you want to flip them, refer to #77.
How much can I make out of finding expired domains?
➢ The amount of money you can make would be different in each case. You could have a total loss (total cost: $8.81 if you buy a domain via NameCheap.com with a coupon code), or you could potentially make into the thousands of dollars.