Flip website is one of the quickest ways to make money online. It requires that you buy or register a domain name, improve or build website for the domain name, monetize the website with your information products or affiliate products or Google Adsense and go ahead to drive targeted traffic to the site.

Allow the website to gather momentum by making money with it from any of the monetization channels or gain sizeable amount of laser-jet traffic. Keep track of your activities with any tracking code (free Google Analytics will do) and take some screen shots of all payments or income received. With the above records in your hands, you can then place the site for sale at an auction.

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