For the majority of of the folks who start doing online advertising and marketing, the goal is to earn extra money and someday be able to quit that boring day job. There really isn't any doubt that the Internet is jam packed with income opportunities that help individuals find financial freedom and a better quality of life. The primary way that this happens is through the building of passive income streams and nobody doubts that the notion of being able to earn while you sleep has always been something men and women dream of. Of course, you may not understand that after you start to construct your web based business, you are producing an asset that has honest value. One of the speediest and simplest ways to make cash online quickly is by selling "virtual" real estate for a tidy sum. Here are a few of the items you can do to achieve this for yourself.

The first thing we have to look at is domain names and why they can be sold for plenty of cash. In the early days of the Internet, people with good foresight grabbed up valuable domain names and those website names can only be bought now for high prices. But, the world of buying and selling domains is still very active and there's still good cash to be made. The main reason for this is that keyword domains can be attractive to specific buyers or you can jump on new trends where names haven't been purchased as yet.

Loads of domains get dropped every day and if you understand where to look there's quite loads of value to be had. In addition, although good dot coms are probably the hardest to find available from new you can find other extensions for example dot net and dot org. There is also value to be found in country code domains that could still be available in good markets. The next stage in virtual real estate success is to actually put a website up on the domain names that you have bought.

Loads of potential value is contained on a domain name that has a site constructed on top of it, even when that site is just a self hosted wordpress blog. Surprisingly, there's a market for brand new sites that have been built in good niches and there are buyers who wish to snap them up. Obviously, you are going to get more for the site if you in fact develop it enough to attract traffic and revenue--these sites are worth quite considerably more money. Auction sites like Flippa are fantastic for figuring out just how much these kinds of sites are generally going for. As you gain experience you may even want to start buying up the sites that are not being properly monetized. Then all you need to do is develop the internet sites a little bit more and then flip them for a tidy sum.

Virtual real estate is like any other type of property: the price will be determined by exactly how much demand exists for what you own. If you do some research, you will see which types of domains and internet sites sell well and you can better target your own efforts. What matters most, needless to say, is that website and domain selling can be a terrific way to bring in some lump sum payments which can supplement the other things you're doing to earn a living.

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