Monthly Archives: June 2019

Ep 31 Mohit Tater from

In 2011 Mohit started working for a startup whilst building websites part-time. He left the startup job after a year and came across Flippa in Dec 2012 where multiples at that time were 6x-12x monthly profit!

He found a services website offering social media marketing services and thought it was a good fit to get into the game, purchasing for $2500. He ran it for 6 months where he made his initial investment back and then he flipped for $12k.

Then he moved up to low five figures and current strategy is to buy and hold. He connected with Ryan from Digital Acquisitions and Ryan Sorensen who is now at Acquisition Station and started working with brokers. Then moved up to mid five figure deals, $20k-$100k is the sweet spot he likes to play. He has a team member looking at listings on Flippa every day but it’s hard to find good listings there now.

A great strategy is to follow listings you are interested in, build rapport and vet the seller by asking questions and then reach out if it doesn’t sell to try and get a great deal.

Mohit does his own outreach to generate dealflow for content sites looking mainly for advertising sites rather than affiliate sites. He would rather build than buy affiliate sites as thinks that affiliate are overpriced.

He has 2-3 sites in the pipeline that he is building right now and typically sells every other site, holding the rest in a portfolio. Mohit believes more in the cashflow but that it’s better to have big exits once in a while.

Mohit will launch with a substantial amount of content, typically 50-80 pages with an investment of $4-5k. He looks for existing, brandable authority domain that has good backlink profile and he keeps up to $2k to invest in a domain before starting.

He mostly goes through auctions or as it’s hard to find dropped domains now that are a good quality. He doesn’t notice much of a difference between building on a good expired domain vs an expiring domain still indexed.

He views content as his forte, rather than SEO or linkbuilding, so to build out on an existing authority domain is the way to go.

Mohit does not spend money in links, he gets link opportunities in his inbox every day from people asking to write guest posts on his sites, of which he has a portfolio of over 40, and it’s a very good opportunity to do a link swap by him asking do they have any other sites (so it’s not reciprocal link) where he can then write a guest posting (rather than a link insertion) linking back to his own site (like a triangle).

It means he does not have to go out for links, they are coming to him.

He’s been buying websites for almost 10 years now and in 2014 he started being approached by people asking to invest in websites and needing help. He does a 1-2-1 work (rather than a fund), with a minimum he needs them to invest for his own ROI. It’s not his primary focus, he only works with people he knows or references from people he knows.

His focus is 40% on with investor money, 40% on building new sites from scratch and 20% on his portfolio (which is automated now by his team). On that page there is an investor questionnaire, if investors have a minimum of $50k USD he will then look to purchases a website for them.

Mohit charges a 10% finders fee paid upfront for working with investors looking for content sites only and tries to put people off as this is not his bread and butter. It’s a process that typically takes anywhere from 2 weeks to 4 months as he is very picky and choosy about the websites that he buys.

Where Mohit brings value is in negotiation – he tries to save them more money than charging. Once the deal is done, his team deals with migration. It’s 100% passive for the investor however the buyer wires the money directly to the seller using escrow or via a broker. Mohit and his team run all of the websites for his investors as the operator from a 50-50 cashflow split from day 1. Sales proceeds is a 50-50 upside split. They collect the payments into their paypal and then pay out the half to the investor every month (if the other way round he would have to be bugging his investors every month for the data). He sends a report to investors on the first of every month saying what the site did the last month. There is no minimum lock-in for investors but Mohit says it would be a good idea to commit to one year at least.

In terms of ad networks, Mohit prefers as well as selling some banner ads themselves.

If any of his existing investors wants to sell a website he will purchase himself within his own LLC and then sell from that LLC to a new investor.

I really like what Mohit is doing – on one hand he has an investment company with as well as a publishing company with his own portfolio of 40 sites. I discussed something similar on episode 29 with Greg from Empire Flippers in terms of viewing what we do as media companies. It really is hard to describe what we do in this website business!

Ep 30 Michael Bereslavsky from Domain Magnate

Michael started buying domains and doing real estate before discovering that buying and selling websites was the most profitable thing he could be doing. He has been working privately with investors and has now set up his first fund.

He bought his first site back in 2004/5 for $120 and sold it to a larger affiliate business for $2500. He then started to purchase more sites for cashflow, moving into 4 figure purchases where he would improve the revenue and then look to flip. This enabled him to look at this space in terms of deal making rather than just cashflow, around the time that Flippa launched.

Then one of his buyers was interested in buying up more websites and he ended up selling most of his portfolio to a single buyer, which was his first six figure sale around 2009/2010. Michael was buying sites at the time for 8 months or 10 months revenue and he was able to sell as a bigger deal for 25x multiple!

Michael has a Flippa page showing 49 transactions totalling $445,960 (!) which is mainly selling.

Managing lead deal flow is one of the main things he is focussing on right now. The more deals you buy the more deal flow you get from seller referrals to others.

Michael is mainly buying and managing and has investors he is doing deals with.

In terms of buying sites there are 3 strategies to employ:

  1. Looking at deals and buying something cheap (below market) and then sell for a profit
  2. Create synergy – focus on a niche to get an advantage over other people in terms of lower cost to create content and get links and better rates from advertisers and affiliate programs. This would be building clusters of sites around a topic and look to exit as a portfolio.
  3. Multiples play – at the lower ranges that could be 10x monthly revenue or at the higher range buying up six and seven figure deals and then trying to sell to a bigger company or even look at public offerings and raise money on those markets at much higher multiples.

Once get to $5MM in annual revenue there are a number of private equity funds and even public companies that could offer a 10x multiple.

With investment deals, Michael is not looking to hold long term, rather is looking to fix up, improve and flip. The most risk comes from holding onto a website for a long time. Just like any good investment you need to have a plan and know how long you will be holding before you purchase. He currently looks to buy one to two deals a month.

With the fund the intention is to buy sites, generate upside, sell them within a year and then return money back to investors. The goal is to resell each website for a double after a year. For bigger deals, i.e. $500k, they may use a separate LLC, but for smaller sites in mid 5 figure ranges it’s easier to put them all together. There will be a hard cap at around $2MM and Michael would put 10% of his own money in where equity would be proportional to what’s invested and profits would be split 50-50 once the original investment is returned. The cashflow (profit) is also split 50-50 for the cost of managing the sites.

If you’re interested about Michael’s fund check out

And thanks to for sponsoring this episode.

Ep 29 Greg Elfrink on the State of the Industry

On this episode I talk with Greg Elfrink who is the Director of Marketing for Empire Flippers on their 2019’s State of the Industry Report based on actual raw sales data unlike other reports.

Findings from the State of the (Content Site) Industry

  • Empire Flippers have done the most deals including content site deals of any broker
  • EF sales volume has doubled in a year as seen on – this is due to getting into selling more 7 figure deals as well as refining their machine
Empire Flippers sales volume scoreboard
  • EF does not do off-market deals – everyone gets the same start when deals go on the market every Monday. Greg feel this is more fair to loyal buyers.
  • EF are dealing with addbacks in a really innovative way with content – when a content site lists which has had growth spending on content, this is not treated as an expense and won’t affect profit (whereas ongoing content would be an expense).
  • In 2017 the average number of days on the market with EF was 39 days; in 2018 it was 22 days
  • Quick wins for new content site buyers – put ads on your amazon associate site and vice versa

My favourite quote from the report in framing yourself as a media company:

The majority of people in this space think in terms of “niche sites” and “authority sites”. While these terms are fine, they are also limiting in the scope of what your content business can become. It is far more powerful to pivot your mindset slightly to consider your content site as a mini-media company.

When you view your business as a media company, you will make a thousand-minute decisions that will position your site in a more authoritative way that builds more trust and ultimately earn more income over the long haul.

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We talk about investing outside of websites, shout out to this episode of Invest Like A Boss

Thanks to for sponsoring this episode.