Anyways, guys, Could I do much with this blog if all I did was write a quality article for it everyday?
that's much price for Only $250 revenue .if you would your own blog and drive traffic so in few months you could reach more then that income.
Do you guys think I could do much with this blog if all I did was right 4-5 quality articles every week?
Are you talking about making the site more popular and making more money, or just making it a quality site? Because right now it's a quality site, and adding more articles will increase the quality. However, it needs a lot of work to increase the traffic and you should probably figure out more ways to monetize it. That's the big thing. Unfortunately, although many say "content is king," just having lots of good content won't automatically bring you lots of links, traffic, money, etc. You could write all day and just lose money. Been there, done that.
STAY AWAY. That guy has no clue what so ever. You have to have a very specific plan for how to utilize this domain into making at least $3k/month before this will be a good investment.
It's too expensive mate. I'll start a new site with that money. Even $2000 won't justify it. What can PR5 do if you're not earning? Profit is what most counts.