Domain Name Set Up/ Thievery and Websites for Wholesaling

Domain Name Set Up/ Thievery and Websites for Wholesaling

Alicia ProkosPro Member
Developer · Powell, OH · Member since 2016 · 59 posts · 44 votes

Hi, I am starting out in wholesaling and intend to move on in a few months to fixing and flipping. I am in search of information related to setting up domain names and web sites.  I have heard that if you start a search to see if a domain name is taken that sometimes hackers will purchase the domain name you are interested in, snap it up and buy it cheap right from under you as you are inputting your credit card number.  Then, apparently, they mark it up hugely and you have to pay much more to secure your domain name(s).  Has anyone else heard of this, and is there any way around it?  I am afraid to even search on GoDaddy.

Also, any advice on setting up multiple web sites for wholesaling?  I was thinking one to establish legitimacy with my actual S Corp name, largely informational, a few others with a "we buy houses" type of domain for lead generation, and then another one on which to showcase deals to investor buyers. Does this sound logical or overkill?  

I truly appreciate any advice.  Thank you.

1Reply
39 views

Most Popular Reply

Springfield, MO · Member since 2016 · 3 posts · 3 votes
9y

Checking a domain name's availability on a domain name seller's site (eg, GoDaddy) will always run you the risk that the domain itself will sweep it up by that seller. A good option is checking on whois, which is provided by a party which does not sell domains (and as such would have no reason to steal your domain), or alternatively by using the terminal-level whois command if you are familiar with your command line or UNIX at all. It takes like 10 seconds -- if you want to PM me your domain names I can run that kind of search on them and let you know, if you don't have the skills yourself.

See this reply in the discussion

11 Replies

Jump to latestLatest
  • Realtor · celebration, kissimmee FL · Member since 2016 · 8 posts · 1 vote
    9y

    hello BP friends happy new year .

    Alicia ,there is a free website that you can build yourself and add the domain name your self it's advertised all over the nation and BP use it also what a great way to have peace of mind . and you can call big daddy .com directly and purchase a domaine knowing your not exposing all your personnel info on the web and be at risk . check the podcast on BP for the web site ,good luck .

  • Investor · Princeton, TX · Member since 2014 · 1k+ posts · 1k+ votes
    9y

    On Godaddy you can get a list of names people are searching.  Investors buy them and speculate in them.

    Once you decide on a getting a website and start searching I would suggest buying it.

  • Springfield, MO · Member since 2016 · 3 posts · 3 votes
    9y

    Checking a domain name's availability on a domain name seller's site (eg, GoDaddy) will always run you the risk that the domain itself will sweep it up by that seller. A good option is checking on whois, which is provided by a party which does not sell domains (and as such would have no reason to steal your domain), or alternatively by using the terminal-level whois command if you are familiar with your command line or UNIX at all. It takes like 10 seconds -- if you want to PM me your domain names I can run that kind of search on them and let you know, if you don't have the skills yourself.

  • Jeff CopelandBusiness Member
    Real Estate Broker · Tampa Bay/St Petersburg, FL · Member since 2015 · 1k+ posts · 2k+ votes
    9y

    I personally don't think there is any real risk of someone stealing your desired domain name just because you searched for it on GoDaddy. 

    That being said, millions of domain names get searched, bought, and sold everyday - so it appears to happen enough to keep the myth alive. 

    While it's always a good idea to have a professional website, you may find it's difficult to compete/rank well enough to generate enough traffic to generate enough leads to fill your pipeline. 

    I'm not saying don't put time and effort into your website, I'm saying don't count on it being your primary source of leads. Real estate-related search terms are extremely competitive on the search engines, and search engine optimization (SEO) can take years to perfect. 

    Check out this series of blog posts on BP related to the subject: https://www.biggerpockets.com/blogs/6405/43427-wha...

    Copeland Morgan LLC4.770 Reviews
  • Westerville, OH · Member since 2016 · 33 posts · 7 votes
    9y
    Alicia I would be interested in property's you might be selling
  • Buy & Hold Owner · Redlands, CA · Member since 2015 · 5k+ posts · 2k+ votes
    9y

    When you sit down to search, be prepared to buy it right then.  It becomes a non-issue.

    FYI:  remember, that if you wanted FOO.COM, that other FOOs may exist and it is normal by the design of the W3C, eg  FOO.MIL, FOO.NET, FOO.GOV, FOO.ORG, FOO.EDU.  Just because you buy one, does not mean you own all.

  • Alicia ProkosPro Member
    OP
    Developer · Powell, OH · Member since 2016 · 59 posts · 44 votes
    9y

    Thank you so much everyone for the replies!  This is very helpful indeed!  I really appreciate the great advice.

  • Alicia ProkosPro Member
    OP
    Developer · Powell, OH · Member since 2016 · 59 posts · 44 votes
    9y

    @Ceili Cornelison I used the terminal level whois command and it worked like a charm!  Thank you so much!

  • Springfield, MO · Member since 2016 · 3 posts · 3 votes
    9y

    @Alicia Prokos Happy to help :) LMK if you need any assistance; website architecture, setup & maintenance are the bread and butter of my day job.

  • Buy & Hold Owner · Redlands, CA · Member since 2015 · 5k+ posts · 2k+ votes
    9y
    Originally posted by @Alicia Prokos:

    @Ceili Cornelison I used the terminal level whois command and it worked like a charm!  Thank you so much!

     Another is NSLOOKUP

  • Alicia ProkosPro Member
    OP
    Developer · Powell, OH · Member since 2016 · 59 posts · 44 votes
    9y

    @Jeff B. THANKS!

Join the conversationCreate a free account to reply, vote on answers and follow this thread.