I am spending around $1000 a month on Text Link Ads. I started a month ago. What will happen to my traffic and page rank once I stop? I plan to keep spend around $1000 a month for 8months.
What kind of improvement did you see in rankings and/or traffic in that time? Mostly curious to see how $1000/mo. in link rental compares to $1000 in AdWords. Naturally any gains in rankings should eventually go back to previous levels unless the traffic resulted in some folks linking to you naturally.
Well what happened to me is that it took about 2 months for Google to really appreciate the links, so naturally when I stopped having the links it took about 2 months for Google to "forget" appreciating them but I was still seeing much better results as opposed to before having any links at all. (And as a nice effect your site will get deeply indexed)
What is your goal with doing that? May be we can help analyzing your situation. Do you generate enough profit to keep this going? If so... may be driving targeted targeted traffic using AdWords would be a much better approach. If I had $1000 budget/mo what I would rather do is setup farms of related bogus sites across many different hosting providers and get them all to link to my main site. I would have them all update automatically with relevant content + links and mainly links on my targeted site. By the way... What is the site in question?
Also another thing I did is that since I hate how Text Link Ads is taking 50% I would contact the webmasters directly and settle somewhere in between. In your case since you are going for a more than 6 months you will be surprised the discount you can get by approaching the site owners directly!