Well I’ve been very slack over the last few days as I’ve been busy with a few things offline for a change. Anyway today I’ve grabbed a few domains and I will be listing the final auction for this month in a day or two. This auction will only be a 3 day auction which isn’t as good as a 5 day auction but seeing as it’s nearly the end of the month I have no choice.

I will also be relisting a couple of domains that people did not pay for within the allotted time and in addition I hope to grab a couple more today and maybe tomorrow also. Once I get this lot of auctions up and running then it will just be a matter of waiting for them to finish and then I will have a tally up to see if I’ve made money for the month and then it will be on to the next project!

Forgot to mention that I managed to grab another Page Rank 3 domain that will go on the chopping block but much like the last one I purchased it really depends on when it is actually transferred (took over a week for my last one I think) but hopefully it will sell for a profit whether it’s large or not doesn’t matter, just a profit will do!

Another thing to note is that there are a ton of Page Rank 3 domains available daily but I only buy them if they are somewhat suitable for purchase and by that I mean two or three word domains that make sence for example here are some Page Rank 3 domains that are currently available (note that I haven’t checked for PR accuracy but if I was contemplating purchasing I would verify they are PR 3 before purchasing).

vbsrweightlossmall.com
agrclassic.com
ladykatsgiftbaskets.com
theragandbonemen.com
laborassembly.org 

Notice how the domains aren’t very specific or generic enough for anybody to use so thats why I wouldn’t bother buying them even though they are PR3.

Another thing I forgot to mention is that some guy is selling a monthly subscription for expired domains, he will take a list of 50 000 - 60 000 expired domains daily and filter them down to around 5000 or less and then send them to his subscribers to look at and then they can purchase domains if they think there are any good ones. This guy uses the exact same software and technique that I have been using so I could have probably started the exact same thing when I first started this project,that would have helped the profit margin but the reality is that domain flipping was the main purpose of this blog and not setting up a subscription service but it’s an interesting twist.

Here we go again! O.k I’ve just finished uploading another 7 domains that I can hopefully flip for a profit. Included in this lot of auctions are 5 domains that I found using methods found in one of the ebooks I purchased and another 2 using my own methods. The total for these 7 domains have cost me under $60 so that will be around my break even point. Also included is the domain that I purchased last week and was waiting for it to be transferred and I’m hoping this one will get a few decent bids as it cost me a couple of dollars more than the other domains but it has a stack of links pointing towards it and it even has a PR (page rank) of 3. These are very good factors when selling (or buying) domains.

I’ve also decided to enhance my listing for one of my domains at a cost of around $10. I’m hoping the extra exposure to this domain will cascade down to the other domains I have listed. Apart from that I keep everything pretty basic and don’t purchase any of the other options that Ebay have to offer.

Time wise I’m still spending too long getting these auctions running and I mean in terms of ROI. I could probably use the same amount of time creating another affiliate site which probably would generate more income but that’s not what it is about at the moment so I’ll just stick with it. Half the problem is that I’m mucking around with Photoshop trying to create nice images for the auction but I probably don’t need to. In one way I don’t mind because I want to become better at using photoshop and it only helps to increase my skill base. Mind you I can pretty much do a nice domain logo in a couple of minutes now so I am getting better.

Didn’t find any good domains to purchase today but i did find one through my own methods and I’m going to spend the next 5 days seeing if I can get a stack more domains as I’m probably only going to have enough time to run 2-3 more auctions before the month and this experiment end.

At this stage I have purchased 14 domains since the start of the month so it looks like I could get to purchasing 50 domains for the month ……. damn that seems like an awful lot….better warn the Mrs about the impending credit card statement!!