130k Cash: Should I build 4k MFA's on sand, again?
- Thread starter clyde
- Start date
If I was going to blow 130k on a gamble I would set up a niched ad network.
Find a blog niche, look up all the most influential blogs in said niche. If you do your homework, the niche will have a lot of amateurs who blog as a hobby first, and any income is just a bonus.
Make a deal with as many bloggers as you can in that niche, setting up a contract for net-90 payments for banner ad placement.
Find buyers for the ads, using information gathered from the bloggers, you have a big estimate of how many views you can serve per month. Charge them 2x-3x more than you are paying the bloggers for their ad spots.
Buyers pay immediately. You should be in business with a nice buffer by the time you start paying out bloggers for their ads.
If there are smaller ad companies already doing this, you could also just start your own ad network, and buy out a majority of the traffic from the smaller companies, then turn around and sell it to other advertisers for a higher price.
Find a blog niche, look up all the most influential blogs in said niche. If you do your homework, the niche will have a lot of amateurs who blog as a hobby first, and any income is just a bonus.
Make a deal with as many bloggers as you can in that niche, setting up a contract for net-90 payments for banner ad placement.
Find buyers for the ads, using information gathered from the bloggers, you have a big estimate of how many views you can serve per month. Charge them 2x-3x more than you are paying the bloggers for their ad spots.
Buyers pay immediately. You should be in business with a nice buffer by the time you start paying out bloggers for their ads.
If there are smaller ad companies already doing this, you could also just start your own ad network, and buy out a majority of the traffic from the smaller companies, then turn around and sell it to other advertisers for a higher price.
I was reading some of your post and was wondering if you build mfa sites. If you do I would be interested in an offer. Thanks
Ademkow
....wtf. Why don't you finance commercial property? Or are you in a stagnant city/state?
If I had 130k I would finance as much as possible and buy property. Cash = king and developers/brokers/owners are all looking to get our from under poorly financed properties that are ripe for the taking.
If I had 130k I would finance as much as possible and buy property. Cash = king and developers/brokers/owners are all looking to get our from under poorly financed properties that are ripe for the taking.
Well, shit... while we're at it, we might as well get an update from Clyde.
He's been active here still and seems to be delivering more knowledge then ever, so I'm guessing that this is going somewhere from not-too-poorly to pretty-damn-well and maybe even kicking ass.
As for the post above me... what in the hell do you think Clyde's been doing? He IS developing property. Just because it's virtual property doesn't mean it's not worth anything.
In fact, if done right, his ROI will be far bigger in the intermediate term than buying some house for 130k or a dozen shitholes in Detroit.
He's been active here still and seems to be delivering more knowledge then ever, so I'm guessing that this is going somewhere from not-too-poorly to pretty-damn-well and maybe even kicking ass.
As for the post above me... what in the hell do you think Clyde's been doing? He IS developing property. Just because it's virtual property doesn't mean it's not worth anything.
In fact, if done right, his ROI will be far bigger in the intermediate term than buying some house for 130k or a dozen shitholes in Detroit.
I never said eProperty wasn't worth anything. Obviously I see the value in it, else why would I be here active in the community?
Often Internet property can be whisked away with a keystroke from a google employee. Clyde already has a significant amount of it, thus diversifying into real estate makes sense. I'm talking risk mitigation, not baseline ROI.
What in my post said to buy a house or a dozen shitholes? L2Read. I said finance and purchase commercial property. With 130k cash you could get a 500-700k commercial property and if you partner with a local broker you could get something bigger with better return and help in management. It just depends on where you are located.
Additionally, you can't leverage money in acquiring online assets nor can you leverage those vested assets.
A friend of mine just developed a car wash and is making a killing. Those things have amazing returns very small operating expense.
Hah true point.
Shows how skewed my entire financial outlook is. Where I live, that's just not much money for anything nice, and no bank will let you leverage into anything out of that range.
Anyway...
I don't do them MFA's no more Berto, I did build them initially, but they became unmanageable and something like a Panda-update could wipe me out in a heartbeat, from doing $1k/day to $1/day so I figured I'd quit while I'm ahead.
Considering my past experience, I'd rather have 10 properties doing $50 each and that's what I'm doing right now (besides developing UNF). The 3k sites were sold and I broke even, I think the new owner use them as a backlink source now (bought by the guys behind textlinks.com).
The only way it could've worked out is if I was a domainer and I don't rely on Google for traffic.