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I run this is matt rod here and liz rod and in this short video we’re going to give you an easy website buying strategy that can set you up with passive income for life because isn’t that what we’re all looking for either you know a way to quit your job maybe or just generate a way to generate that lovely passive extra income and of course in the past one of the main ways a lot of us used to do this was through investing in real estate and I guess what we’re talking about today of you could think of it in a similar way it is just like real estate and of course we’re talking about buying and selling websites because that’s what Liz and I are all about and what we’re looking for is we’re buying assets that grow in value and give you cash flow because websites are very much real assets these days they are going up in value and as you’ll hear us and for those of you that have heard us talk you’ve heard us say there is a boom going on and you want to be in on it I sure there’s a number of you that I wish they were in on the real estate boom well if you missed that one here’s your chance again so today what we want to do is give you one of our strategies that we use to get into good asset websites and that’s what we call the cash flow by so this is what we’re going to show you how to do get those cash flow assets that not only grow in overtime but also pay you along the way so let’s have a look at how we do this let’s have a look at how real estate used to work now what you would normally do with real estate you go out and you’d be looking for a house and you let’s say typically in this market you would be buying a house of real estate asset for at least four hundred thousand dollars so you’re looking at four hundred thousand dollars up front even the deposit for that is going to be a reasonable amount now in this current market rents are about five percent they’re not high so that means your cash flow is about 16 60 per month now the question that you need to ask about any investment that you make is when are you going to actually pay it off when are you going to own it so we’ll just have a question mark about that at the moment forever the other thing you want you want to find out and work out is what you’re going to sell it for when you’re going to cash out when you’re going to make your money at the end for your cash out now let’s not next have a look at websites it’s my picture of a website again very beautiful compare than the house at least it got big pictures this website ok so the website let’s do the same sort of scenario and and look at what we would do with the website so now what we’re going to do is do an example for a website that you would get about the same cash flow for so we’re looking at a website that gives you cash flow about 1660 per month now in this current market you would look at buying you’ll be able to buy a website like that for around twenty thousand dollars maybe twenty to twenty-five thousand dollars now instantly you can see the difference in the amount you need to invest in this asset to get the same amount of cash flow because the cash flow for that will be about the same so depending on your point of view in our opinion that’s a lot lower risk because we only need to come up with 20 grand to generate the same kind of cash flow remember for us in the current market cash flow is king so we like cash flow now here’s the exciting part because at 12 times earning sixteen hundred and sixty dollars a month this website is paid off in one year so in one year’s time you actually own that website so again the cash flow king idea what I need to point out to you here for us for you know there is no debt here whereas look over on the left hand side of the screen guys four hundred thousand dollars debt sitting there versus zero debt to get that 1,600 per month now the other cool thing is what we do we always look for websites that are a bit rundown always looking for a renovation opportunity so now we’re going to show you in our upcoming events we’re going to show you exactly how we do this but in one of our examples that we’re going to show you we actually double that income within our six months it was doubled so that meant we actually paid off the website completely within about six or seven months so you imagine if you double the income and no debt so you paid off in actually half the time and you’ve then got an asset that’s worth now the next thing is what’s it worth what are you actually going to sell it for and in this current market which is rising you can actually be buying now for about a year’s worth of income we’re actually seeing sights now selling for two years worth of income and in a not-too-distant future we can see that sites are going to be selling for three years income so it’s very similar to that real estate strategy of buy and hold you can actually buy and hold websites and you’re going to be selling for two years income or perhaps three years income and now there’s actually websites in the bigger end of the market we’ve seen websites that have sold for 60 times their income so absolutely phenomenal results that are happening online right now now if you project this forward to let’s think about it now that you’ve bought one website if you had paid that off within a year or less you’ve got your $20,000 back so what you can do is get another one do it all again so you mentioned if you do that even just if that’s all you do buy cash flow websites and just keep reinvesting that cash for the first couple of years you’re going to end up with a fantastic cash flow very very in quickly and also a beautiful portfolio of website assets very very quickly now just to finish this video what we want to do is give you a bit of how to because you need to know where to start looking for these websites how do you actually find them and the biggest online marketplace for websites you might already know this is flipper and they make it very very easy for you to find these cash flow buys all you’ve got to do is get onto flickr com click on buy websites and over here you’ll see in the left hand side refine your search by the revenue so if we want to find websites that are making over a thousand dollars a month we just click on that and there’s your listings is all the websites that are making over a thousand dollars a month and right there on that front page you can see here this first one starting at a dollar the second one ear eaters it’s buy it now price it’s making almost five thousand dollars four thousand eight hundred dollars a month and you can buy that now for fifty thousand dollars now we’re not saying go and rush out and buy a website straightaway of not do not do that but of course there’s due diligence there’s there’s things that you need to research and that’s the sort of thing that we want to show you in our upcoming event so that you can actually go out there and intelligently by these assets and start building up this passive income
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