What is Digital Real Estate?
Digital Real Estate offers a new way to do business in the world real property investing. The thriving entrepreneur can invest in digital realty with minimal overhead. It involves buying domain names, websites, as well as managing social media accounts for internet businesses.
This is something I'm certain you've heard before.
How can you make $1 million in real estate?
Start with $2 million
It's true, the real estate industry isn't something you should take lightly. You can lose your shirt in the real estate business. So you need to make sure that you are always looking at everything.
If a property is up for sale, you will want to be the first to purchase it. Do your research.
You should also keep a list of potential buyers if you are selling a property. This means that you need to be constantly prospecting.
But before we get into that...
Let me save you time by telling you that these digital realty models are not the fastest or most reliable way to build passive wealth at home.
If you are serious about creating passive income through digital real estate,
This is a much better all-around business model.
Real estate is not an industry that can be applied to all.
However, no matter how well you think you can control things, there is no way to be 100% in the end.
Let's say I told you that you can make good money online by only one type of realty business.
It's called Digital Real Estate.
There are many ways to make passive income online, and you don't even have to leave your desk.
This could be the job for you if you are a good digital savant and enjoy creating blog content and posting your ideas online.
What have you Heard About Digital Real Estate?
Digital real estate, which is primarily online property investing, is probably not the most common type of property you think of when thinking about property investment.
I am specifically referring to Website Domains.
You can expect to invest around $100,000 in brick and mortar properties. Your investment in digital real property is only a fraction of what it costs.
Digital real estate is gaining popularity in the investing world because you invest on a website, which means your overhead is almost zero.
Digital real estate is becoming more attractive for investors because it requires only a small upfront investment.
Who wouldn't like to make more money by investing less?
So what are the upsides?
You can invest in digital real property.
You won't be able to invest in digital real property without a plan.
There are many courses on the rental property... but not many about digital reality.
When you do your research, you will hear things like:
Do not let this discourage you. This is just a part of digital real estate.
It can be very rewarding for those who are willing and able to work hard to make a profit. It's not uncommon to see profits margins of at least 90%.
Still interested?
First, you must understand how the digital reality industry works. Next, you must identify the types of digital properties you should be focusing on and avoid the pitfalls to maximize your potential income.
This is why we wrote this article.
We'll walk you through the details of digital reality so you can at least grasp the basics of making good digital investments.
You'll soon have the digital investment portfolio you want that will make you the envy of all the others.
So What exactly is Digital Real Estate?
Digital Real Estate can be classified into many different categories. Your property can take many forms. These are just a few examples of digital investments.
Digital real estate is not much different than traditional real estate in that it can be sold quickly for a decent profit once the value has appreciated.
Both traditional real estate (passive rental income), and digital real estate properties (lead generation, affiliate commissions, and ad revenue) can be used to build a cash cow. You can increase property value by making more money.
Digital real estate allows you to buy an asset and build value, so you can sell it later if you wish.
What does this mean?
You could create a website that targets a niche audience and generate passive income from ad revenues.
A domain name you think will be worth something in the future could be purchased. This is a great option for politicians who are seeking to rise in office. When you catch wind of this, buying a domain like "BrianJones4Governor.com" is the type of digital real estate investing that can really pay off.
It is amazing to consider that investing in digital real property is still fairly new, since the first domain name (Symbolics.com), was purchased in March 1985.
You could actually register a domain free of charge up to 1995. Network Solutions, a technology consulting company, was forced to start charging $100 for a 2-year registration by the Foundation for National Science.
Domains can be bought for as low as $1 per month, for the first year. A website build can be as inexpensive as $1 per month.
You should purchase a domain name that attracts a lot of traffic to your site.
We will get into the details of buying domains and creating websites for digital real estate investments later. But, for now, let us take a look at some of the benefits of digital reality.
What are the Advantages of Digital Real Estate?
Even if you aren't an investor, there are many benefits to this type of investment.
Here are some reasons why investing digitally in real estate can be so lucrative:
Which types of Digital Real Estate Make the Most Money?
Let's look at the best digital real estate options, given all the benefits we have just discussed.
It is obvious that digital real estate investments are made by buying domains and building websites.
If done well, each of these business models can make a lot of money. These websites can be compared to a small restaurant you just bought. Every restaurant has customers and staff to manage it. All you need to do is make sure everything runs as normal.
You can make any changes to your website as you would with any other business. But don't go overboard. Keep in mind that the website is still a business that did the same work as before you bought it. Don't reinvent the wheel.
There are many websites that have a high-profit potential but aren't yet built. These are "stores" that have been abandoned but are located in an area where there is a lot of traffic.
These domains can be difficult to find but you will see a great ROI if you partner up with the right company.
To make money, you will need to invest in your business. This means that you will have to find ways to attract people to your "store".
Let's now take a look at the possibilities.
1. Building Websites
Building websites is the most fundamental type of digital real property investment. You can attract other investors and venture capitalists if you have a lot of website traffic.
Investors want to diversify their investments in many different ways. If your website receives 200,000 visits per month and is making money, don't be surprised to get inquiries from people about partnering with you.
Large companies are always looking to find ways to market to their target audience. Your website should be focused on a particular product or service. This will help you to grow your business.
You could make as much as 80-90% profit by investing in a domain, website, and content.
It's much easier for large corporations to purchase a website that is already "ready-to-go" and making a profit than for them to create a new website.
They will be tempted to grab their wallets when they find a website with good content and makes money.
It doesn't really matter what kind of website it might be...
It could be about trucks and cars, baby clothing, or home decorating blogs. As long as it is profitable or has potential profit, it will be an attractive asset for any digital real estate investor.
It doesn't matter if the content of websites is irrelevant. It will be quickly picked up if the website's topic aligns with investors in digital real property.
2. Buying Domains
It is still relatively unknown that domain flipping and buying domains can be done in the digital real estate world. This method is also more difficult than ever since the dot.com bubble burst many years ago.
It can be difficult to find profitable domains to invest in websites. However, it is easy enough that most investors consider it the best route.
These domain investors, also known as "Domain Investors" or "Domainers", buy domains in order to sell them. It takes patience to invest in domains such as this.
It is important to realize that domains you purchase today may take several years before someone else wants to buy them. You can make a small profit, or a huge one, depending on when it comes.
Let's look at some examples of domain investing and one on investing in websites.
Example 1: Flipping a Domain
One of my friends was an entrepreneur. He wanted to start his own business. He believed that the domain was vital to the success and growth of his business, but it was owned by another person.
The guy shared with me that he bought the domain and created a one-page website to show ads. He then waited for my friend to purchase it.
Well, he did.
Up to $5,000 You can!
The domain was only $20, but the entrepreneur spent $5,000. This "digital property", however, had the name he wanted for his business. He happily signed a check.
Example 2: Flipping a Domain
Let's have a look CarInsurance.com
QuinStreat, a Digital Marketing company, purchased CarInsurance.com in 2010 for approximately $50 million. This was the highest price ever paid for any domain name.
They also bought Insure.com and Insurance.com for $16 Million and $35 Million, respectively.
Think about it, if someone offered you $100 million for these domains, you would be a very different person.
The key to this enormous profit payday is to plan ahead and buy domains. Wait for the right company to purchase them.
It might take several years, as the company may not exist yet.
Example 3: Flipping a Website
Let's assume that you plan to create a website with the aim of increasing and monetizing site traffic. For the sake of demonstration, 100,000 people visit your site each month.
You might have used an advertising network such as Media Vine? Google Ads Or Youtube You could easily assume that each reader could make you as much as $.03 per month. This means that you could earn $3,000 per month just by running ads. This does not include the potential earnings from other sources. Affiliate Marketing Platforms like Amazon Or Clickbank.
If you created all of the content and all the links yourself, and your overhead cost was only $200/mo for hosting, research tools, and web design, your profit margins could be almost 90%
That's a way to live, right?
There are even stories about teens doing this.
Imagine if you had 10 sites like this that each brought in $3,000 per month... all ads included.
Digital Real Estate FAQs
However, I do not want to make the assumption that digital real estate investments are a guarantee. This industry is not without its horror stories, just as any other.
Digital real estate investing is still a relatively new field with few proven paths. You could easily lose your money if this happens.
However, if you look at the entire industry, there are some things we have found to be true.
Let's look at some of them in the FAQs.
Aren't digital real estate investments just another get rich quick scheme?
Hell No!
Digital Real Estate success is dependent on the amount of work you put in. Don't believe the big-name profit gurus who tell you that digital real estate is easy.
It is not hard to see that the key factors that will determine if your domain name or website is successful are all dependent on what you do with it.
You can also create authority sites since most of the domain names are already purchased.
You'll need to put in about 18 months of sweat equity before you can see results.
Can I buy domains with a trademark?
No.
Internet businesses spend a lot to ensure that their trademarks remain protected. You could get in trouble if you buy a domain that has a trademark.
Even if the name is not trademarked, it's possible to end up in court to defend yourself.
It would be smart to have a unique domain that can also be your business name.
How easy is it to flip a domain for millions?
It's possible but not likely.
This was possible back in the 1990s. However, with technology allowing highly sought-after domain names to be purchased by industry insiders immediately after expiration, it is now difficult to obtain the "good" domain names.
Last but not least, domain names rarely sell for millions of Dollars anymore.
Can I Set And Forget My Domains Until Someone Makes Me An Offer?
This is something I would strongly advise against.
Although the process of buying and parking domains is simple, domains can easily expire if you don't keep track.
It is a good idea every one to two year to inspect your domain.
What is the average time it takes to make a profit from your website?
This is a difficult question to answer.
It can take time and effort to get a website noticed by investors. A website with good content, strong SEO and affiliate marketing can help you get the attention that you want.
It doesn't necessarily have to be costly for your life savings.
With tools like Canva or Photopea, you can create a beautiful website for as low as $1,000.
This issue is about new websites.
It takes time to get traffic to your site and dial it in.
You should treat digital real estate as physical property, even though it is digital. You will make more profit if you put in more effort and time.
For new websites, the best rule of thumb is 18 months. You could hire a VA or use software or plugins to speed up the process.
Do I have to sell as soon as I get an offer?
This is up to you.
However, I can tell you that it is not wise to sell your domain or website too soon.
Patience is the key to this.
You can make more money in the future if you put more effort into domain names and create a website that is value-based.
Getting Started In Digital Real Estate
There are many benefits to digital real estate, not the least being that it is affordable. You can invest a small amount of money in a property, and make it a profitable business by hard work and determination.
However, this doesn't mean you won't encounter some difficulties along your digital real estate journey. To avoid falling into the traps later, make sure you have a solid strategy.
It is not uncommon to work for 12-18months before you make any money.
Steady Calls is #1 Recommendation For Making Money With Digital Real Estate
Scalability is where these models fail. You can't make a lot of money by just having one or two websites. You need to reach people at a national level to make any kind of profit.
What if you were to go local?
With Local Lead Generation You will receive service requests from many sites every hour of the day. These people are willing to pay a lot for what you have to offer them.
One YouTube video I watched had the host comment that it wasn't about making lots of money on one website, but about making a little money from many different websites.
Think of it as ....
Imagine if you could make a steady stream of income by renting 10 units to tenants that you could rent for anywhere between $750-1,000 per months.
Passive income is $7,500 to $10,000 per month.
What if you Invested in 100 Rental Units?
Instead of spending $Millions on building houses and apartment complexes, you can spend just a few hundred dollars to create websites.
These websites will then be ranked in search engines for the specific home-based services customers are looking for.
Next, offer your business opportunity local business owners looking for customers. They will pay you for this information.
And then...
BAM!
You have just built a Digital Real Estate Investment Empire which could potentially earn you 4-5 figures per month in passive income without having to spend a dime on advertising.
You will be competing with thousands, if certainly millions, of other digital real estate sellers who sell the SAME product and to the SAME customers.
Local Lead Generation is a great way to reduce competition and increase your profits by 85-90%.
You probably have many questions. How to create Digital Real Estate assets and start building YOUR digital empire!