Many articles have been written about passive income however very few ever discuss earning passive money using domain names. I will show you how to buy them, what to look for, and how to make money from them.
1. Buy Expiring Domains - Since when you park your domains or have a outside company place ads on them, you are not allowed to send traffic to them, you will need preexisting traffic. The way you get preexisting traffic is by buying domains that have been getting traffic through links from other web-sites. A domain must pay an annual fee in order to stay registered, when a domain owner does not renew that fee they come up for sale as expiring domains and anyone can buy them.
2. Where to Buy Expiring Domains - Expiring domains can be bought at almost any domain registrant. Try typing in expired domains into a search engine to get specific web-sites to purchase.
3. Cost - Many expiring domains cost around $10 plus the selling cost which is normally between $5-$10 more per domain. These are for expiring sites have anywhere from 0-600 hits or visitors per month. The more hits these sites receive the more they will cost but you can make a nice income just buying these lower priced domains.
4. Parking Your Domains - This is the most important process since this is how you make your passive income. It is also the easiest process since all you need to do is let the domain company where you bought it know that you would like to park it with them. They do everything else which is essentially putting ads on your domains and your job is done.
Having multiple domains will allow you to create a nice passive income but do not expect to get rich. Use you passive income to buy more sites so that you can increase your passive income even more.
