Sites on flippa goes for x18 of the monthly profits?
I've never used Flippa myself and I have slim to none knowledge and experience which is why I reach out to you..
I stumbled across a quite interesting discussion yesterday where one guy claimed that most sites on flippa sells for 18 times the monthly income. - In that discussion there was literally 20-30 people who was angry and upset about this, and most of them agreed that this was in fact true.
What I started to think was this..
If a website earns $100 per month, they will sell it for $1800 according to the discussion. - But why would anyone get angry and upset about that?
Seriously, if I can buy a website that will make me $100 per month, each month, then I'll buy it for $1800 right now. The next thing I would do, is to wait 18 months and buy another site. And then another.. And another.. After 2 years I'd get $200 per month from 2 different websites and sure, I bought them for a total of $3600.. But these sites will bring me $200 each month.. So why not? - I can't see the reason why people get angry and I can definitely not see why people don't buy websites on a daily basis if it's that easy to make money.
So, for any of you with experience.. - Is it that easy and is this true?