Ask HN: Buying a Website on SitePoint; Good way to bring in Monthly Income?
The sites on there look like good deals, $4,000 for $1,000/month and such. Has anyone bought one? Are there any catches?
Selling: I would build a simple blog, drop in Google ads, and get some basic traffic with AdWords and then they would generate some clicks on AdSense. That would give me a few dollars a day in revenue, I'd post the site, and sell it for $500-$600 – I could do about 3 of those a month.
So people got a fully functioning & designed WordPress blog, but the income may not have been completely accurate. It beat getting a summer job.
Buying: Be careful. A lot of these sites take time to manage, market, run customer support, etc. It is not really passive income.
Many people sell after a traffic or revenue spike and give you average numbers. A lot of people flat out lie. SitePoint has some great/honest people, but I always ask myself why someone would sell a site that generates $50,000 a month (extreme example). If it's a need for cash, surely the bank would loan them money against that income...
Just be skeptical.