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How many internet businesses do you know that can give you consistent, recurring (repeat) income month after month?
To be frank, there are NOT that many. This is one of them.
But you need to do it correctly to enjoy that kind of income. Just rinse and repeat the whole thing and your virtual property empire will soon expand, my young Padawan :-)
Until today for most Internet businesses this “single purchase” phenomenon is still the biggest problem for Internet marketers. What this means literally is that your customer buys from you once and that’s it. You have to look for new customers every single day which is quite tiring after a while. You don’t make much money from single purchases. But you can make lots of money from repeat purchases from the same customers. This is what this complete course is all about - making awesome amounts of money month after month from tenants of your virtual properties on the Net.
A website is not merely a domain on the Internet. No, it is much more than that.
A website is actually a virtual real estate, a virtual property.
Nobody can take it away from you. If it has your name on it then it is yours.
And just like real estate in the real world you CAN make money from your virtual real estate. If you can make money selling a house then you can also make money selling a website.
If you can make money renting out houses then you can also make money renting out websites.
You just need to know how.
This is where we come in. We will show you how.
As the government continues to slam the door in their faces, investors and entrepreneurs struggle to find new ways to make money in real estate. Many are finding their ideal alternative in a spot that young business owners and savvy entrepreneurs have been using for years – the World Wide Web or the Internet. :-)
While traditional real estate markets are slumping, virtual real estate is just beginning to heat up as entrepreneurs buy, develop, and sell or rent out websites.
Here are a few reasons why investing in websites serves as a better alternative to traditional real estate investing:
1) Websites Have Higher Returns Than Real Estate Investments
Real estate investors settle for measly 5% returns, while websites average 80% – 200%.
Many real estate investors buy houses so that they can become landlords and rent out the property. In doing so, they often earn $200 – $300 per month after all expenses are paid, and they pay down the mortgage over time. On a $150,000 house, this is an annual 2% ROI.
Websites provide much higher returns, without the hassle of being a landlord.
You can set up a website specifically to be rented out by a specific business segment for less than $100 and you can collect rent on it for years to come. How about making $300 a month from a website that costs under $100 to develop and around $30 a month to maintain? Don't think about just one website though. What if you have 100 sites? You'll be making upwards of $25,000 per month from there alone.
Should you someday in the future decide to sell it off then you can make a lump sum profit from it. A website making $300 a month consistently can often be sold for $3,000 to $5,000. That is a great payday for you.
2) Websites Require Less Maintenance Than Houses
And this is something many real estate owners tend to overlook but sooner or later they will have to face it - owning real estate also comes with problems such as leaky roofs, destructive tenants, messy yards, and late night phone calls about broken toilets.
Websites never complain about noisy neighbors, leaky roofs, or broken toilets.
The income from websites is often passive, and even when it isn’t, it rarely requires you to leave your house. Even if you are not particularly tech savvy, a freelance web designer can usually maintain the virtual property without you lifting a finger.
If you choose the website-for-rental business model then you can make steady, recurring income from the tenants of your websites for many years to come.
A website will never call you in the middle of the night because the power is out or require you to clean up after its tenant moves out. Compare that to having a physical rental property where you have to deal with all that.
3) Websites Require Less Start Up Capital and Risk Than Houses
The down economy has proven that real estate debt can be risky.
A typical house would require at least a $100,000 investment.
The problem with this is that it takes at least 10 properties to replace the income from one’s job. Just imagine taking on 10 mortgages to buy 10 properties. When combined, the total amount in mortgages can be staggering and it will take you years to pay them off.
Even if a bank gives you a loan, the responsibility to pay back the mortgages rests solely on you. The houses are not really yours until all the mortgages are fully paid off.
If you choose the website-for-rental business model then you can start from zero. You can buy a new website for around $10 and develop it to be "fit-for-rental" for under $100. You can then rent it out for around $300 or more per month depending on location and the target market.
But the icing on the cake is the recurring or repeat income it brings to you month after month. Want more income? Get more websites and rent them out. This business is scalable. It is up to you how many virtual properties you can handle. Or do it like us - we outsource most things. There is no need to do everything by yourself.
4) All The Same Real Estate Strategies Apply
Real estate investors will find that their existing strategies work with websites.
Websites can be bought and sold for profit, just like houses, or they can be held for long-term income through rentals. In addition, websites can be purchased on option, assigned to other investors, and they can appreciate in value. Real estate investors are already familiar with these strategies.
The difference, of course, is that your risk is lower, your ROI is higher, and “virtual real estate” investing can be done from the comfort of the home, and without the need for bank loans.
Many real estate investors are finding it to be an alternative to traditional real estate investing. As investors continue to discover that websites provide higher ROIs, require less start up capital, come with lower risk, and are easier to manage, the market will continue to grow over the next decade.