Anyone ever notice how much websites are like real estate? I would go as far as calling it virtual real estate. Real Estate vs. Websites ----------------------- Buying Available Land vs. Buying Available Domain Blueprints for House vs. Website Idea Building House vs. Coding Website If you sell immediately: Selling House for Profit vs. Selling Website for Profit If you let it sit: Let House Sit and Value Go Up vs. Let Site Sit and Grow/Increase in Value Maintaining Any Problems with House vs. Maintaining Any Coding Errors This is why I love websites. Everyone can win in Real Estate, and if you know you're going to go into websites and win, you will.
In real estate sales, it is all about generating leads. The more leads you have, the more sales you can close. In virtual real estate sales (Websites), it is all about generating leads. The bigger your list becomes, the higher your income will be.
I think what the OP is trying to suggest that, over time, the value of websites will rise just like real estate. I guess the only condition with websites though it has to add traffic and content.
absolutely, it is almost similar, but then you have full control over the land, but websites are basically controlled by google if google gives you a grey shade, probably your site is next to finished! but atleast that dosenot happen with real state!
one major issue with real estate is that the process is slower where as websites its just in minutes.
Maybe Google is like your neighborhood? If Google gives you a bad ranking, you lose. If the neighborhood of your real estate turns into a ghetto, you lose.
Well they are same but To build a site and promote it it's not easy If you have money you can buy property without beeing a guru Olso on the internet you can star from 0$ or few $ but in real estate you need a lot of money lot lot of money Just my 2 cents
That's a great way to look at it. I own both, my real estate is very stable, but appreciates much slower. I have tenants that pay for all the expenses on the property. The taxes advantages of real estate are hugh, for both a primary residence and investment property. All of the interest paid on your primary residance is tax deductible and you can depreciate your investment property and write off all the repair costs.It's a little tougher to realize the tax advantages of a web site, but it can be done by subtractiong the total expenses from the toal profits (including hosting, your internet access, hardware, registration and any other costs associated with the site) A web site can generate virtually unlimited income, depending on how it's promoted, how it's monetized etc etc. I think owning both is a wise move! The entry point of owning you own cash generating website can be well under $100. Both can be wise or foolish investments.
I prefer real estate because it increases its value faster than website.... unless it's really a unique website. --Joe