Cashflow is the key to success in personal finance. Monthly income is the best way to go. If you have ever played Cashflow 101 from Robert Kiyosaki, you will know what I mean.
10 years ago property was the best thing to own for cashflow. Especially a property that you bought for a relatively low price, could rent out at a lot more than the mortgage, and eventually sell for a tidy profit.
Recently property prices have increased so much that these gems are very hard to find.
There is a new real estate emerging, the internet real estate.
Internet real estate is similar to commercial properties, it depends where they are, what kind of footfall (traffic) they get and how appealing they are. Websites have the potential to draw in higher monthly incomes with a lot lower outlay at the beginning.
McDonalds restaurants sell hamburgers but they are in the property business, renting or owning prime locations all around the world.
What is a prime location on the web?
A top Google ranking for a popular keyword is like being in Times Square. With thousands of customers knocking on your door, this is a very valuable position and can be extremely profitable.
You can build a website and get it high up the rankings and own this important real estate, or you can actually buy a website that is already in a good position.
There is a website that focuses on flipping websites, much the same way people flipped properties a while ago. This site allows you to buy websites and some whole businesses many with established cashflow.
Its quite interesting check it out: www.flippa.com