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well about 6 months ago there was a mainstream site for sale. It has a lot of traffic, great domain name etc. I think he was asking 40,000 for it.
So I asked him how much money he was making on it. He very proudly told me $400 or $500 a month. And this was with what he said is a hosting contract he signed years ago that gave him unlimited bandwidth for something like $200 a month. I noticed that many of the files on the site were hotlinked, he said with permission, i asked him if he had a contract for unlimited bandwidth why bother with the hotlinking. Never answered.
But I liked the site and the traffic, i could set it up to show adult ads for viewers older than 18 and other banners for kids. So I offered him 8,000. He was insulted. I told him I was sorry but you can't expect anybody to pay you 15,000 or his asking price of 40,000 for a business that nets 4-500 dollars a month.
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I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!
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