Website Flipping - Time-consuming, minimal investment

This is the process of buying an existing website, redesigning/rebranding/remarketing it, and then flipping (selling) it for more profit.

A lot of people have been making some big bucks doing this. However, this one is not one of the easiest online business ideas, though it has great potential to make huge amounts of online money.

You can also try to build a website yourself and then sell it… if you know how to do that sort of thing

When you’re ready to sell, you can employ the services of sites like Empire Flippers.

The guy behind Upfuel (Chris Guthrie) recently wrote an article on how he generated $50,000 in 20 months from a single website flip.