29 Apr '13, 5pm

Domaining with cash: The incredible 100% true story of Select .com #domains #domainers #domaining #investment

DomainGang: How does it all start, Mike? Mike Bahlitzanakis: It starts with data research and analysis. I’m always perusing raw domain data, zone files and other resources, looking for disenfranchised domains managed by individuals or companies that might have gone under or lost interest in their domain assets. DG : What happens next? Mike : I communicate with them directly, by email or by calling them on the phone. Once I’ve established a connection with the right person, I make a cash offer. DG : Does this usually work? Mike : It worked for several domain acquisitions. Weblog.com and SEO.com were acquired this way, the first one for $75k. My biggest achievement would have to be the purchase of Select.com for $10,000. DG : Mike, did you left out a zero? Ten thousand dollars? Mike : Yep. After researching and locating this domain, it turned out the company it belonged to m...

Full article: http://domaingang.com/stories-and-manuals/domaining-with-...

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