Matt and Liz Raad are making huge profits from buying, renovating, and selling websites. And they’re wanting to share with you their secrets. Here’s what happened to 2 of their students.
Introduction
Liz: Hi! It’s Liz and Matt Raad here with you and today.
What we want to do is share with you some exciting market updates and also some updates from some of our students because they bring some exciting new ideas.
Matt: They certainly has.
Liz: So, what we want to do is talk about what’s happening in the world of website investment and also give you some ideas about sorts of strategies that we’re using and our students are using to generate some really good income online. A very good passive income.
So, first of all, let’s have a look at – because we’ve got some really exciting emails coming just recently and we always love getting these ones. These are from our students telling us they’ve cracked the six-figure income. So, $100,000 a year or more and that is really an amazing goal to hit and one that really changes people’s lives.
Now, the first student who I want to share a story with you about because she actually started from not just ground zero but negative ground zero.
Matt: Yes.
No Prior Technological Knowledge
Liz: When it comes to technology, she actually admitted to us recently that she wasn’t sure where emails went and how they work. So, this was an amazing achievement for her to crack this six-figures online. Something she really never thought she would be able to do.
What she did is she started out investing in websites but she didn’t have a lot of money to invest. So she only ever bought very small websites. But, the main thing is, she kept going and she invested in quite a few small websites.
Minimal Financial Investment
Matt: She always keep the investment under the $3,000 mark so she was never taking any big risks money-wise or anything. She was able to build up a portfolio of debt-free websites but by doing that process, buying and renovating websites, she learned how to build really good sites. She knew that she wanted a portfolio of websites and so she also started building her own websites and so over time, she has built these websites herself to the point now where she has hit the six figures.
And this is working from home on a farm.
For her, this is a major achievement. It’s very exciting but what’s really cool is she didn’t need any money really to get into this and obviously, building websites yourself, that’s just coming out of your head.
Liz: Yes. And bringing ideas to life. So, the other thing that she told us is what’s so exciting about this is that whenever she has an idea, whenever she wants to do something –
Matt: These are products. She might want to –
Liz: Yes. She just uses our system of putting the website together in the right way so that it gets ranked, so that it’s secure and bang! She could bring that idea into life within hours now. So, that is really cool.
From Corporate Stress Jobs to Working From Home
Now, the next strategy that we want to share with you that a different student actually emailed us in recently. This is a couple and they’ve got a young family. Three kids under five. So, you can imagine how busy they are and they had really stressful – high paid by really stressful long hours of corporate jobs.
Their goal was more about, you know, we don’t want to work in these stressful jobs. We want to be at home, we want to be with our kids. We want to have a different life to this so, what they’ve done is taking our strategies and they applied strategy of building websites and selling to the local businesses.
So, they’ve done a slightly different strategy from our first lady. And what they’ve found in this is that they have hit that six-figure income and gone beyond. They are actually at $15,000 to $20,000 a month now just building websites for local businesses and again, using this system that we provide, we have a specific structure for websites so they actually work for these businesses. They just get referral after referral and in terms of what’s happening in the market right now, there are still a lot of businesses – I think their stat is over 40% of businesses don’t have a website. And I would guess that –
Matt: Or don’t have a good web presence.
Liz: Yes. Well, I guess there is probably another 30% or 40% of businesses that don’t actually have a website that really works for them or delivers them the results that they want.
So, I think this is what they are delivering for their clients and they give us that feedback to say it is such a buzz to turn someone’s business around by suddenly generating them leads, getting them ranking on the front page of Google.
The other day, they’ve got a client’s website up on the front page of Google within a week for some of their chosen keywords. They were really excited to do that. So, that’s another strategy that we’re seeing working on the marketplace really well right now.
We have a lot of students who have cracked that six-figure or well on their way to that six-figure income by using these strategies especially people who want to – like these guys who wanted to quit their jobs. They needed to replace their cashflow, their income very quickly. I think that’s the case for a lot of people. You need to be able to replace that income very quickly in order to make that jump over into a new career path or into a new business path.
Buying & Selling Websites
Matt: So, our next strategy is one that we’ve been doing for many years.
Liz: Yes. You might want to borrow it because it is very exciting.
Matt: It is very exciting. We’ve literally just done the deal as they say and the money is in the bank which is – the deal is never done to the money that’s in the bank. We’re talking about buying and selling websites. We’ve been doing this for many years.
Generally, we prefer to buy and hold websites because they’re such an amazing little cashflow machine. They tend to be quite passive or semi-passive for us. And so, these are two sites that are in the exact same niche so we’ve basically run them side by side and we monetize in what’s called “Ad Sense” and we love Ad Sense.
Liz: It’s very simple.
Matt: It’s very simple. Google pays us every month. They send us a check and basically we’re providing Google advertising on the website. We bought these sites about a year ago. One of the first one we bought a year and a half ago for $15,000 and we’ve added another site because it came up in the same niche. It was about $30,000 so we’ve spent –
Liz: Total investment is $45,000.
Matt: $45,000 and we very quickly renovated the websites. They’ve got up to generally making around each month for $7,000 to $8,000. That’s net profit to us and it was very –
Liz: I think the ROI is about 10% to 15% per month ROI.
Matt: So, we very quickly paid off the sites. That’s always how we go. I love doing that, paying off the sites and we’ve just literally sold as you heard me for $147,000.
Liz: Yes. 300% return in 18 months.
Matt: Yes.
Liz: We’re happy with that. We can go on a holiday maybe?
Matt: Yes.
Liz: We’ll go on a holiday?
Conclusion
Matt: Normally we reinvest it to another website or a couple of websites. And that’s kind of our sweet spot. We love buying those sites for under – you know, it’s the sweet spot. You get the site under $20,000, build a map and sell them for six-figure number like that. That’s I guess the sweet deal for us.
Liz: Yes. The sweet spot.
So, these are three strategies that we use and our students use to generate six-figure income. Now, if you want to learn more about that and how you can do that too, then make sure you come and see us. We’re presenting at the upcoming conferences and we really look forward to seeing you there. Sharing with you exactly step by step how we do this and how our students are doing this and creating wealth and freedom in your life. So, we look forward to seeing you there.
Matt: We look forward to seeing you there.
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