Some Basics To Know About Domain Flipping

There are two different ways to flip domains.  The first is purchasing a domain name and then reselling it without a website.  The second involves buying a domain, building and website and selling and marketing the website for a profit.
The profits from flipping domain names can be rather lucrative especially if the domain name already has a website created along with the name.  With this type of domain name flipping Google will already have rankings on the website and the pages will already be ranked.  The buyer then upgrades the website for a better ranking on the major search engines. 
The best way to do this is to choose a specific niche that you know about as being an expert in the specific niche helps you in your investigation when you are searching for domain names.  
Use internet tools and search for keywords for your domain names.  This way you can see what kind of traffic your specific keyword is bringing in.  When you go to sell your domain name put it on an auction along with the page rank.  Buying and selling domain names as well as flipping them can pay off fast.  You have to do your research however on the domain names you are looking for or creating in order to flip them for a profit.
Use tools on the internet such as Google tools and Twitter now has a new Twitter Trending Topic Domains Tool.  This is a neat tool that collects the current trending topics on Twitter then checks if there are any domains matching the trending topics.  Twitter is constantly updating their database so you basically get the trends in real time.  
Using typos will help you in your search for a domain name as well.  Many people do not know how to spell correctly and end up spelling by the way the words sound - phonetically.  Believe it or not these misspellings will lead to an excellent domain that most "customers" will be attracted to.  By using missing vowels, transposed vowels, leaving off the last letter and even forgetting double consonants, you can come up with a domain name (or purchase one) create a website and flip the domain in a matter of hours.  Typos can be checked against anything that is trending.  Quite a few people like to have a misspelled domain and these are usually the first ones that are grabbed up by the Domainers.
Yes, you can take an original $10 investment and turn it into $10,000.00.  As stated before, this does take some work and investigating on your part.  Once you get the hang of investigating what is trending and what domain names are selling (what people are looking for) you will be on your way to a rather interesting home business.

Flipping domains can be quite interesting and a fun way to make a good income from home.  Pick your niche, see what is trending, look for misspellings and create a website to get a Google ranking started and start flipping your domain names.