💸 Want to make USD $23,590/mo? Here is Your Chance With a Food Blog

Nano Thought

Mortgage rates are spiking this year. The average 30-year rate has gone from around 3% last year to about 6% now. I really should've locked in a low mortgage last year on a place!

But that's a lesson that can be applied to all aspects of business: You can't time the market.

James Camp 🛠,🛠 @JamesonCamp My greatest regret in life is not getting a mortgage in 2021 April 22nd 2022 108 Retweets 2,948 Likes

People love to debate if mortgage rates will dip from here or keep spiking up. While it may be fun to debate, it's a completely pointless exercise. You almost certainly won't time the market, and even if you do, it will be total luck.

My advice: Get to building so that your cash flow and net worth are so huge that a 0.5% change in rates won't matter at all.

Instead of waiting for rates to dip down so you can just barely afford the house you want, spend that energy on doubling your income so that you can easily afford it.

Stop trying to time the market. The stock market, mortgage rate market, website flipping market, etc. You probably won't. Just get to work building assets and compounding.

​

This Week’s Nano Flip Opportunity

Found some great deals on Flippa recently that I think are worth highlighting. One is a bit bigger than the other to be honest. But let's start with the larger one.

To be candid, overall I would try and stay away from businesses that are attached to a name or personality. But every once in a while you find one that's super interesting and would still work as an acquisition.

Check out the listing:

​

​

​

​Link to the listing​

The seller is claiming that income 100% is passive. Anybody who knows me knows I'm skeptical of full passive income claims, since owning any business means doing some work.

With that said they have strong traffic and display ad revenue. $316,000 gross in 2021. These numbers are NUTTY!

Let's say you buy this business with financing, either with an SBA loan or private loan, for about $100k down. Here's what the numbers look like on that:

• $1,095,000 Purchase Price
  • $100,000 down
  • $995,000 financed
• 10 year loan at 6% Interest
• $11,046.54 monthly loan payment
• New Net Income: $12,543.46/mo

With the company's existing net profit of $23,590, you could cover your loan cost and still net $12,543.46 per month.

That's a net income of $150,521.52 in the first year, or a 150% return on your initial down payment.

I find this interesting as a buy and hold, not as a flip. Even without any value-add strategy to increase revenues, this could still be a great investment if you can keep net income where it is.

It could also be a very strategic buy for a media company in the food or lifestyle niche. As always due your own due diligence, and the above is just a possible outcome.

I know you guys want to look at more affordable sites..so let's take a look at one below:

​

​Link to Listing​

This is a really basic website that makes $605/month with affiliate links and display advertising. Its simplicity is a good thing and a bad thing to be honest:

This can be great because it wouldn't REALLY require a ton of maintenance, the seller has done a good job building it.

The bad part is that this kind of website can honestly be made by anyone who knows what they are doing. Anyone else could target these exact same keywords and outsource the articles pretty easily. The site's backlink profile isnt THAT high-authority, and the keywords would be pretty easy to target for competitors.

The Flippa Listing states the site is on Ezoic Premium, which means you need to account for those costs.

I'd say this site is worth about $20k or so if its making $600 a month. Not a quick flip, but major potential in the long run.

​

​
​Nano Tips

This week on our podcast Builders Build we switch up the 3 musketeer format and bring in an amazing guest, Joe Valley, author of The EXITpreneur’s Playbook.

Joe is a serial entrepreneur, EXITpreneur, M&A Advisor, Podcaster and Partner at Quiet Light Brokerage, one of the top online business brokerage-advisory firms in the world.

Joe has also built, bought, or sold over half a dozen of his own companies!

We cover everything from setting business goals, to tools and strategies to help document your processes and resources from the start (SOPs, metrics, accounting, etc). We also talk about picking metrics for your business, valuing businesses, where to sell, and more.

Learn how to sell your online business for top dollar by reverse engineering your pathway to success.

​

​

​Listen here​

​

Thanks for reading! I'll hit your inbox next week with another breakdown of a website flip.
​

Thanks from the Nano Flips team

(James)

​

P.S.

Give my new podcast with my friends Oren and Colin a listen! We’ve made a podcast about building businesses, products and interesting lives. Listen below

⬇️⬇️⬇️

​https://builders.build/​

​

All investment strategies and investments involve risk of loss. Nothing contained in this newsletter should be construed as investment advice. Any reference to an investment's past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit.

​