Where is the next 5th Avenue of Real Estate Investments?
Spurred by the recent news about various domain sales such as answers.travel for $3.3 million and flowers.mobi for $200,000*, the next 5th Avenue of real estate investment is clear. It is in domain names. In fact, did you know that the buying and selling of domain names is an estimated $2 billion industry?* Currently, there are over 77 million .com domain names outstanding. Simple names such as ABC123.com or 321xyz.com and all other 5-6 character and number combinations in .com are no longer available in the primary market. How could so many people all around the world be wrong? Domain names are a valuable investment. Some sales have gone into six or seven figures like mentioned above, but we have selected some moderate private sales in .com and other Internet extensions. As examples: hotelesbaratos.com for $26,633 (cheap hotels in Spanish) poland.net for $27,777 taxi.mobi for $75,111.* With the .com market at its saturation point, this opens the investment opportunity to specific doma
