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CFD 177 - Jock Purtle Tells Us What It Takes to Buy and Sell Virtual Real Estate

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Sinopse

What is virtual real estate? Simply stated, we’re talking about online businesses… or web-based businesses and app-based businesses. So what does Jock Purtle know about buying and selling online businesses? A great deal. It’s what he and his team does in his company, inessDigital Exits. Jock got into this niche market by buying his first online business in 2009, which he funded by private capital. His father was his investor. Jock then fixed the web property up by getting more traffic to it, converting more customers and systemizing processes to create appreciable value. He sold it at a good profit. It’s kind of like fix-n-flipping in the real estate investing community. However, he didn’t jump feet first into this line of work. In fact, it took him nine months to pull the trigger on the first deal he did because he wanted to make sure to find the right deal. That first one was an undervalued marketing site. He says that is one of the best types of online businesses to buy when starting out. Online drop shipp