Will it be profitable for me to buy an expired domain name with a high PR (like 3-4) but hardly any backlinks (around 10) ?
Pagerank only matters if you plan on selling links or blogposting or some crap like that, in this way it could be profitable. Backlinks are more important if you want like lets say people to find your site one day, this way could also be profitable if you plan on selling something people would wanna buy. So in short it depends which road you wanna travel.
Do you agree that a PR7 site has higher quality backlinks than a PR2 site? PR REFLECTS THE QUALITY OF BACKLINKS! The higher the PR the better (assuming it's a real PR).
Wouldn't disagree with either of the above posts. Just a word of caution in case when you say "expired" you mean expired and deleted in the normal way the process was designed to work (as opposed to buying a domain on a pre-release basis, before it's dropped). If that is the case, i.e. if it's a domain that has gone through the normal expiry and deletion process, then there is a significant chance it will lose its Google PR at some point. You may know this already, but I thought I would mention it for the benefit of the new entrants in the market.
it is a deleted domain and available to everyone. I am thinking of buying it and enrolling with blogsvertise or smorty so that I get paid to do posts by them. Will i really lose its PR soon? what if i post on it to maintain its PR? I have to be very careful while buying domains..
There is a very real chance the PR would disappear. If it does, relevant and regularly updated content may help restore it. No guarantees regarding either though.
A PR4 site isn't a high PR site, that's quite easy to get. Something like a PR6 or above is high. It's not gonna be profitable just buying PR domains if the domains suck even if the PR is high if you're talking about the resale value of a domain. Stick with buying quality domains if you are looking to make money domaining rather than wasting your money with PR domains, unless it's a nice name.
So will it be profitable for me to buy an expired domain with PR 3-4 or shall I buy a fresh domain name and then try to sell that? I am a noobie to domaining. So i need proper guidance. Can you also give me some info about resourceful blogs or site regarding domaining?
If your a noob to domaining, I suggest not rushing out to buy any domains yet as you'll waste a lot of money on domains that are not worth buying, I see lots of them here in the appraisals section. Read all you can about what makes a domain valuable so when you feel ready, go ahead & start small, & ask for appraisals here or on other domain forums to get an idea of what people feel it's worth. You're gonna get better appraisals on Domain Forums than you'll get here on DP, but it doesn't hurt posting here as well. Also, never pay for domain appraisals, lots of scams out there where a "buyer" wants you to appraise a domain which he owns or is affiliated with when he's got no interest in buying your name. Even reputable companies like Godaddy that do appraisals, their appraisals are a joke, waste of money IMO. Check out things like: http://www.dnjournal.com/domainsales.htm Domain forums like Namepros.com, DomainState.com, DNForum.com (paid forum) That should get you started.