You have probably heard a lot about ways that you can make money from your own websites such as by adding adsense ads and things like that to the website but did you know that you can actually make money from buying and selling websites too. This process is called website flipping and if you know what you are doing with it, it can be extremely profitable. Many people buy and sell houses and flipping websites works in almost the same way. Basically, the way that website flipping works is that you do all of the work needed to create a website that has value. What we mean by this is that you will have to buy the domain name, build and host a website on the domain name, sometimes add some SEO to the website and then sell it on for a profit. Alternatively, you can buy an already established website and add value to it. The first thing that you need to do if you are going to do it from scratch however is choose a subject for the website. Now, this can be something niche or something that interests you, just make sure that it will sell. After this, you will need to register a good domain for the website; we recommend GoDaddy for this. Then you will actually need to build and host the website. The good news is that there are a variety of templates out there for systems such as Wordpress that are free so with the right host, you can have a website up and running in no time. Once this is done and you have a website up and running, you will need to add content to it. Now, content is valuable anyway so if you are able to create unique content for the site, it will add a lot of value. If not, you can pay someone else or simply spin articles so that they are unique. Once you have combined everything together, you are ready to sell your website. There are a variety of places to sell your website online including Flippa and many other places that are emerging. It is simply a case of finding the best marketplace for you. We would recommend that you do some research before creating your first website to flip however.