I've been a closet domain collector for over a decade and some of my "purchases" have turned into ecommerce properties - treadmill.com.,colorit.com, survivalfood.com, and tactical.com. In this episode, my co-captain Dave Bryant joins me in this discussion that centers around domain flipping.

Today we're going over strategies, thought processes, as well as the dos and don'ts of shopping for domains.

In this episode, we specifically cover the following:

• Mike and his impressive portfolio of domain names
• Why investing in domain names can help you become successful in ecommerce
• Appraising the value of a domain name
• Finding domain names
• A word of caution of using GoDaddy
• The negotiation process
• Domain value predictions

We hope this episode has inspired you to try your hand at purchasing domain names. If you have any questions, leave us a comment and we'll get right back to you.

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If you have any questions or comments, feel free to leave them below. Happy selling!