2 Digital Real Estate Success Stories [2024]
Thinking about owning a piece of the ever-growing online world? Consider digital real estate. In simple terms, digital real estate involves buying, developing, and selling digital assets like websites, domain names, and virtual properties within online games.
Starting with domain names, you can purchase them inexpensively and sell them for a significant profit as their value appreciates. Websites with strong content can generate steady income through ads, affiliate marketing, and online stores. Leveraging platforms like Flippa, you can trade these virtual assets much like physical real estate.
If you're savvy with SEO and content creation, digital real estate offers a lucrative avenue with lower entry barriers compared to traditional real estate. It also provides flexibility, allowing you to manage your properties from anywhere. It requires an initial investment in time and effort to understand market trends and optimize your assets, but the rewards can be substantial for those willing to dive in.
In this list, you'll find real-world digital real estate success stories and very profitable examples of starting a digital real estate that makes money.
1. Livit ($600K/year)
Lavinia and her business partner Michael Bodekaer, tired of the traditional 9-to-5 grind, set up Livit in Bali as a co-living community for founders. By evolving it into a support ecosystem over six years, they've inspired and empowered 750+ entrepreneurs, scaling multiple startups to 100+ team members and generating $50K monthly.
How much money it makes: $600K/year
How much did it cost to start: $10K
How many people on the team: 24
Livit International, a support ecosystem and service provider for startups and scale-ups in Bali, has enabled 750+ entrepreneurs to build disruptive businesses with a global impact through its coworking spaces, innovation and event spaces, HR and Strategic Business Partner services, tech and non-tech recruitment, remote work education, and business support services.
2. Website Rental Coaching ($504K/year)
The daily workload at his 9-5 job at General Electric as an HR left Luke unfulfilled from his career, and while he was searching for a profitable side gig, he realized that websites are like digital properties. With a top-ranking lead generation website, he could rent it to local businesses and earn a steady monthly income. Luke quit his job at the 6-month mark and hit six figures by the one-year mark of starting this business.
How much money it makes: $504K/year
How much did it cost to start: $8K
How many people on the team: 0
Luke Van Der Veer's Website Rental Coaching business teaches people how to create passive income by renting lead generation websites to local businesses, which has helped him generate $42,000 per month as of April 2022.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.