Your question was: How do you find your publishing address/FTP server information from godaddy.com for NVU?.
Ya, same here, I always wonder how those peoples can make XXXX$/month by parking only 1 domain! I can only make like X(more than 1 less than 9) $/month per domain, even worse, it is not for all domains, some domains make less than 0.5 monthly haha >.<..
I think a wise decision. Also, dont forget - interest rates arent that bad if you have decent credit. A loan taken out for the right amount, and spent in the right way can give you the jump money you need to make a real go of this.
(Its what I did!).
That can end very badly if the person does not understand the market that they are investing in. I am not saying that method does not work but if you cant repay the loan you could be in a world of trouble. It is important to make sure that you can make loan payments even if your domains do not make money...
Lots of domains making $9 a month wouldnt be too bad!.
Its a good idea but you would need to know exactly what you are doing to take a gearing strategy like this..
Perhaps I should have clarified. Clearly you must understand the market your investing in and weigh the risk vs reward of taking out a loan. I would hope anyone considering taking out a loan would understand the importance of researching risk. This method would not work for most, but someone who is as capable as HasRob, I would imagine would be able to put loan money to good use.
Ah I can take out 10,000 USD loan anytime, but haven't tried. actually if I do take the 10,000 USd out I am not sure what I should do to get a HostGator that can get me at least 200+ USD / month from parking>.<. putting a thread looking for a HostGator name at namepros' domainname wanted section, that can make me at least 200 USD/month with 10,000 USD budget? note: I am no good at all in webdeveloping..
I wouldnt go for just one domain, several $xx revenue per month domains diversifies your risk..
I dont borrow money for HostGator buying , I live in my budgetI think this is a great way to invest !!!!!! in australia you need to invest a minimum of $500 TO ENTER THE STOCKMARTKET and THE BROKER FEES ....... this is a very good deal ,..
Being successful in your job has nothing to do with being a doctor or lawyer, there are good doctors/lawyers & crap doctors/lawyers. The only thing is that they would earn more than the average wage so they are better financially.
Anyway, it's great to see that you haven't decided to quit on domaining as I'm sure that you will do great in it, just in there & you'll be fine..
I was wondering how it would work for me..
IlCesco goes to the Bank.
Me> Hi there, I'd need a loan..
Bank> What for?.
Me> Well, domaining. I buy internet HostGator names and resell at 10 times what I pay for them..
Bank> And How much do you need?.
Me> 20 thousand cash would be fine, what are the rates?.
*People laughing all over the office*.
P.S: Anyway, I don't think borrowing money for domaining is a good idea, unless you really, really, really know what you're doing...
I wouldnt borrow money for a HostGator unless the monthly revenue was above the monthly payment leaving me not only money to pay the loan back but a slight profit also...
You forgot one thing:.
Me> Well, domaining. I buy internet HostGator names and resell at 10 times.
> People in the Bank looking at you like if you`re on drugs.
Seriously: I agree with you, I would not borrow money to invest unless the amount was little compared to my income and I was really pretty sure to have money back pretty soon...
I got a 10k loan awhile back (bought my LLLL.coms with it) saying that it was for an Internet business start-up. I actually got the loan merely by emailing my bank. I gave rough estimates of the value of my internet holdings, outlined the direction I'd be going and showed real world evidence of demand for comparable names (I also have my investments with them which are worth alot more than 10k.. So maybe it wasn't the excellent salesman in me)..
I am kinda same like you, I dont have to tell the bank in super details what the 10k for. my bank is actually pestering me to quickly get the 10k loan from them, wtf, even send me a lot of invitation to bank to get 10k loan instant, darn fishy.
The problem I havent tried taking the loan out is because there is no sure way yet to get a revenue~~ guess more research is needed...