While in college I actually paid my rent from money earned online. Now I wasn’t making tons of money, but it was enough for a college student to pay the bills. The perquisite to my method is patience and usually a bit of web know how. My method for paying the bills was flipping websites. Flipping Websites is the purchasing of a website, modifying and further developing the site in some manner, and selling the site for a profit.
Ideally I’d like to provide tips to individuals who are interested in this, however when looking most of the content I found was very low quality. Mostly just individuals trying to make a few bucks “teaching how to flip sites.” Here is the process I used which worked well for me. I’d flip a site over about 2-3 months. Buy a promising blog, spend several days writing articles to post, and time-stamping the articles for the duration of the time I planned to own the site. In addition I would work on making sure I had proper SEO plugins installed so that the site would do well in the eyes of the Google. Normally after the period of several months a clear improvement could be seen in traffic and SEO rankings, at which time I would sell the site for a profit.
Actually I may need to purchase a site soon to develop a case study on flipping a site?