Comments on: Rick Latona’s Great Rates on Newsletter Domains

By: tony

tony — Sat, 17 Jan 2009 06:43:33 +0000

PPC is done… two years left at most. Don’t base anything on 10x or 20 revenue. Click fraud has run rampent and its all over with.. affilate programs with real sales will prevail.. Unless you have a great website your done and name your all done with…

By: Adam

Adam — Sat, 17 Jan 2009 04:57:01 +0000

“Isn’t buying what we cant afford at 15% APR what got America into this goddam mess in the first place? ”

NO! Absolutely not . Businesses buy on credit to PRODUCE more income. This is vital to an economy.

Americans got in to trouble buying consumer goods on credit. In other words they bought crap that made no money (and that they didn’t need).

This country would be totally screwed if businesses didn’t operate on some form of credit.

***UPDATED BY ELLIOT***

Exactly – ie car dealerships.

By: JS

JS — Sat, 17 Jan 2009 02:16:27 +0000

I think FrenchRiviera.com is tempting because it has the tourism factor, especially if it is somewhere close to 10x revenue. I have read here that you owned it or still own it and I was wondering if the multiple is close to 10x.

***UPDATED BY ELLIOT***

It’s a great name, but I no longer own it.

By: JS

JS — Fri, 16 Jan 2009 15:14:19 +0000

Is it really 10x revenue. Was FrenchRiviera.com making $12,000 per year or was Bensalem.com making $1,200 per year?

***UPDATED BY ELLIOT***

Is what making 10x revenue? I didn’t choose a name in my example, although Rick has sold many names on a stated revenue multiple. There are many names that aren’t sold on a revenue multiple. Likewise, many names aren’t developed to maximize revenue potential. It was only an example of the possibility based on a 10 year revenue multiple domain priced at $10,000.

I prefer to pay for my domain names in cash rather than on credit. Some people would like to buy as many great domain names as they can leverage. It is important to manage your debt obviously.

By: Deep Dialer

Deep Dialer — Fri, 16 Jan 2009 06:21:00 +0000

Isn’t buying what we cant afford at 15% APR what got America into this goddam mess in the first place?

But I have to say that I am tempted!

On must bear in mind that failure to meet payments will result in loss of the domain (this is my assumption on sale terms). So if you are not experienced enough to generate the revenue to meet the interest payments, and that is your only means of doing so, then the domain will revert to the seller.

Then again developing a quality $50,000 domain on credit could be more profitable that developing a $5000 all equity.

I have never in my 35 year old live bought anything on credit, but I might just start.

***UPDATED BY ELLIOT***

I don’t do credit either, but if you are able to make money from it, then it make sense if you can afford to do it.

I think what got America in this mess is that *some* people bought a bunch of toys on credit that they couldn’t afford, after buying their homes on credit based income they never made.

Too much credit to uncredit worthy people caused homes to be worth more than they really were worth, and when they couldn’t pay off the crazy inflated rates and their homes started becoming worth less inflated values, they were screwed. I blame the banks as well as the people who signed up for the loans.

When I received $20 checks from the phone company telling me if I cashed them I switched phone services, I didn’t take the bait either. This all can’t be blamed on the greedy banks, as there were plenty of people who refused to sign up for bad loans.

Okay, rant over.