{"id":151,"date":"2022-10-04T16:02:43","date_gmt":"2022-10-04T23:02:43","guid":{"rendered":"https:\/\/www.sidehustleera.com\/?p=151"},"modified":"2022-10-04T16:02:43","modified_gmt":"2022-10-04T09:02:43","slug":"how-to-buy-income-producing-websites-with-chris-guthrie","status":"publish","type":"post","link":"https:\/\/www.sidehustleera.com\/index.php\/2022\/10\/04\/how-to-buy-income-producing-websites-with-chris-guthrie\/","title":{"rendered":"How to Buy Income-Producing Websites, with Chris Guthrie"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"http:\/\/www.sidehustleera.com\/wp-content\/uploads\/2023\/08\/1618508949810-1024x576.jpg\" alt=\"\" class=\"wp-image-152\" srcset=\"https:\/\/www.sidehustleera.com\/wp-content\/uploads\/2023\/08\/1618508949810-1024x576.jpg 1024w, https:\/\/www.sidehustleera.com\/wp-content\/uploads\/2023\/08\/1618508949810-300x169.jpg 300w, https:\/\/www.sidehustleera.com\/wp-content\/uploads\/2023\/08\/1618508949810-768x432.jpg 768w, https:\/\/www.sidehustleera.com\/wp-content\/uploads\/2023\/08\/1618508949810-650x366.jpg 650w, https:\/\/www.sidehustleera.com\/wp-content\/uploads\/2023\/08\/1618508949810.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>In Episode 14 of The Side Hustle Show, Chris Guthrie helps me explore the idea of buying income-producing websites as a side hustle investment strategy. It takes a little bit of capital to play in this game, but Chris explains the first site he bought cost just $500 and has paid for itself many times over.<\/p>\n\n\n\n<p>Buying websites is a risky endeavor, which is in part why the potential returns are so attractive. In the interview, we talk about how to mitigate your risk, find some winners, and make some money!<\/p>\n\n\n\n<p>Listen to the episode to learn:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>How websites are typically priced.<\/li>\n\n\n\n<li>How Chris finds sites to buy that aren\u2019t even \u201cfor sale.\u201d<\/li>\n\n\n\n<li>How to identify sites that might be undervalued or under-monetized.<\/li>\n\n\n\n<li>How to do your due diligence to avoid getting screwed.<\/li>\n\n\n\n<li>Ways to increase the earning power of a website acquisition.<\/li>\n\n\n\n<li>How to transfer the site into your ownership.<\/li>\n\n\n\n<li>Chris\u2019 #1 tip for Side Hustle Nation.<\/li>\n<\/ul>\n\n\n\n<p>Links mentioned during the show:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Flippa.com\u00a0\u2013 the leading marketplace for buying\/selling websites<\/li>\n\n\n\n<li>3dtvreviews.org&nbsp;\u2013 Chris\u2019 first website purchase<\/li>\n\n\n\n<li>CopyCatCrafts.com \u2013 a site he bought for public case study<\/li>\n\n\n\n<li>semrush.com\u00a0\u2013 shows what keywords the site is ranking for<\/li>\n\n\n\n<li>moz.org<\/li>\n\n\n\n<li>compete.com&nbsp;\u2013 can give an estimate of site traffic<\/li>\n\n\n\n<li>ahrefs.com\u00a0\u2013 link analysis tool<\/li>\n\n\n\n<li>Copyscape\u00a0\u2013 tool to determine if a website\u2019s content is original or not<\/li>\n\n\n\n<li>Vibrant Media \/ Kontera \u2013 contextual advertising services<\/li>\n\n\n\n<li>Escrow.com\u00a0\u2013 for safe funds transfer<\/li>\n\n\n\n<li>WordPress Search and Replace Plugin\u00a0\u2013 for swapping out affiliateIDs on a newly acquired site.<\/li>\n<\/ul>\n\n\n\n<p>One thing we didn\u2019t talk about during the show but is worth mentioning is an inexpensive software tool Chris built to help filter and sort through the madness on Flippa. It\u2019s called SiteFinderPro, and I actually used it a lot last year when I was spending time looking through all the Flippa listings. Ultimately, I didn\u2019t find anything attractive enough to pull the trigger on, but that tool definitely saved me time.<\/p>\n\n\n\n<p>You can learn more about Chris at MakeMoneyontheInternet.com and check out his Kindle books&nbsp;<a href=\"https:\/\/amzn.to\/2nlMDye\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<p>What do you think about buying sites as a side hustle strategy? Faster (and potentially more affordable) than building one yourself, but without the DIY satisfaction.<\/p>\n\n\n\n<p>This is one I would certainly love to get more involved in, so curious to hear what you think. Let me know!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Episode 14 of The Side Hustle Show, Chris Guthrie helps me explore the idea of buying income-producing websites as a side hustle investment strategy. It takes a little bit of capital to play in this game, but Chris explains the first site he bought cost just $500 and has paid for itself many times [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-151","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/www.sidehustleera.com\/index.php\/wp-json\/wp\/v2\/posts\/151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sidehustleera.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sidehustleera.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sidehustleera.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sidehustleera.com\/index.php\/wp-json\/wp\/v2\/comments?post=151"}],"version-history":[{"count":1,"href":"https:\/\/www.sidehustleera.com\/index.php\/wp-json\/wp\/v2\/posts\/151\/revisions"}],"predecessor-version":[{"id":153,"href":"https:\/\/www.sidehustleera.com\/index.php\/wp-json\/wp\/v2\/posts\/151\/revisions\/153"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sidehustleera.com\/index.php\/wp-json\/wp\/v2\/media\/152"}],"wp:attachment":[{"href":"https:\/\/www.sidehustleera.com\/index.php\/wp-json\/wp\/v2\/media?parent=151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sidehustleera.com\/index.php\/wp-json\/wp\/v2\/categories?post=151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sidehustleera.com\/index.php\/wp-json\/wp\/v2\/tags?post=151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}