Website flipping can be described as the process of buying, improving and selling a website for profit. You buy and sell a site that you believe:
- has some untapped potential (that can be monetized)
- is a site you can put more value into
- has already some existing and targeted client base
Has any of you experience in this kind of flipping? Have you made a sustainable profit by doing this? I've heard quite many online "urban legends" about people who make fortunes doing this, but I haven't yet met anyone of them in person.