If you are short on time, and have a bit of money to spare it can be worthwhile buying an already existing website that already has traffic, pagerank and preferably a proven revenue stream as well.

How much is a website worth?
It is often hard to put a value on a website, sometimes the rule of thumb can be around 18 times the monthly revenue of a site, so if the site is earning 100 dollars a month you could expect to pay around 1800 dollars for it - however it is never that simple. Some sites for example may not even be monetized yet have great potential.

Places to buy websites
The two main places to buy existing websites are sitepoint and the digital point forums. You have to pay to sell a site through sitepoint, many webmasters actually use both avenues.

Things to check

• Stats of the site (Revenue and visitor)
• Alexa ranking
• Google PageRank
• Subscriber Numbers (if a blog)
• Backlinks
• Competition

How to transfer site
Once you have successfully purchased the site you have the challenging job of getting it transferred onto your own hosting, and everything moved across. It certainly helps to have some technical knowledge here, and things like setting up MySql databases, and setting up the name servers for your DNS settings should be things that you are familiar with - if not it may pay to get some assistance.

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