Building Cash Flow with Online Real Estate with Matt Raad

Published: Nov. 28, 2023, 10 a.m.

b'How can you make money with websites like you would with real estate investing?\\n\\xa0\\nReal estate investor Taylor Lohte interviews entrepreneur Matt Raad on his unique business of buying and renovating websites to generate cash flow, just like traditional real estate investing. They discuss how to find undervalued websites, improvements to boost their value, and key lessons for beginners in online real estate investing.\\n\\xa0\\nMatt Raad is a business and website investor, Angel Investor and leading educator in Digital Investments. Matt and Liz Raad are recognized as Australian experts in buying, renovating, and selling profitable websites and businesses.\\n\\xa0\\n[00:00-00:44] Introduction to Matt\'s Background\\nMatt buys underperforming websites, improves them, and sells for profit like real estate investing\\nHe focuses on content sites funded by ads and affiliate offers, avoiding ecommerce\\nMatt and his wife have been entrepreneurs for 30+ years, now applying that to online businesses\\n\\xa0\\n[00:44-03:38] Evaluating Websites and Their Potential\\nUses keyword and market research to analyze traffic and monetization potential\\nLook for sites they can improve through better monetization strategies\\nGives the example of buying a Jiu-Jitsu site and improving monetization\\n\\xa0\\n[03:38-08:35] Driving More Traffic to Websites\\nBuying "rundown" passion sites with untapped SEO is a big opportunity\\nShares a client\'s story of growing a $2k site to $1M through consistent, quality content\\nSEO and long-term content build asset value over 2-3 years\\n\\xa0\\n[08:35-16:34] Creating Content and Building Out Sites\\nOutsources affordable writing through Upwork, Fiverr, and niche experts\\nGives an example of a stay-at-home mom building a $20k/month business\\nConsistent, high-quality content ranks well in search engines\\n\\xa0\\n[16:34-22:41] Avoiding Scams in the Industry\\nExercise caution, and education, and start small as a beginner\\nVetted brokers like Flippa offer a safer entry point\\nLook for established sites with traffic history to analyze\\nBest deal: One of the first website purchases and optimization\\nWorst deal: A retail store for outdoor equipment\\nTop lesson learned: Do your due diligence\\n\\xa0\\nQuotes:\\n\\xa0\\n"We literally treat these online businesses, I guess, like you know, virtual real estate for us." - Matt Raad\\n"Once you know what you\'re doing, that\'s the fun part. That is definitely the opportunity." - Matt Raad\\n\\xa0\\nConnect with Matt:\\n\\xa0\\nApply to Invest with Taylor at\\xa0www.investwithtaylor.com\\n\\xa0\\nTrack your wealth for free with Personal Capital, go to\\xa0www.escapingwallstreet.com\\n\\xa0\\nPlease leave a review and help others escape Wall Street and build wealth on Main Street!'