
Digital Investor and Educator on Building Online Income for Life on Your Terms

Passive Wealth Strategy Show - Real Estate for Busy Pros
November 28, 2023
About this episode
How can you make money with websites like you would with real estate investing?
Real 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.
Matt 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.
[00:00-00:44] Introduction to Matt's Background
Matt buys underperforming websites, improves them, and sells for profit like real estate investing
He focuses on content sites funded by ads and affiliate offers, avoiding ecommerce
Matt and his wife have been entrepreneurs for 30+ years, now applying that to online businesses
[00:44-03:38] Evaluating Websites and Their Potential
Uses keyword and market research to analyze traffic and monetization potential
Look for sites they can improve through better monetization strategies
Gives the example of buying a Jiu-Jitsu site and improving monetization
[03:38-08:35] Driving More Traffic to Websites
Buying "rundown" passion sites with untapped SEO is a big opportunity
Shares a client's story of growing a $2k site to $1M through consistent, quality content
SEO and long-term content build asset value over 2-3 years
[08:35-16:34] Creating Content and Building Out Sites
Outsources affordable writing through Upwork, Fiverr, and niche experts
Gives an example of a stay-at-home mom building a $20k/month business
Consistent, high-quality content ranks well in search engines
[16:34-22:41] Avoiding Scams in the Industry
Exercise caution, and education, and start small as a beginner
Vetted brokers like Flippa offer a safer entry point
Look for established sites with traffic history to analyze
Best deal: One of the first website purchases and optimization
Worst deal: A retail store for outdoor equipment
Top lesson learned: Do your due diligence
Quotes:
"We literally treat these online businesses, I guess, like you know, virtual real estate for us." - Matt Raad
"Once you know what you're doing, that's the fun part. That is definitely the opportunity." - Matt Raad
Connect with Matt:
Apply to Invest with Taylor at www.investwithtaylor.com
Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com
Please leave a review and help others escape Wall Street and build wealth on Main Street!

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