This is a question that doesn’t get asked – or thought about enough when it comes to buying websites and webapps.

There are lots of them for sale every day – sites and apps that are under 6 months old, minimal amount of money spent on advertising, but since the site is making upwards of $500 a month, the sale price is at least $5k or more.

I’ve rarely seen a site or app for sale for under $5k that’s – in my opinion; a ‘good investment’.

There’s no reason why you can’t take your $5k, build something similar, or better, and have change left over to do marketing, at least that way you’re taking away the risk that the seller is lying and you going to throw your cash away.

And not to mention you can have it built the way you want. That’s how I prefer things, mostly because I like things done my way, and I like things built a certain way.

The last 5 sites I’ve bought we’ve totally re-done from scratch because the code that was powering the site was average at best, and the design wasn’t all that fantastic.

Honestly, there’s not much you can’t have built that sells for under that $5k mark for around $3k or less. Shop around; look at places like odesk and elance for developers and designers.