Affiliate marketing is a popular method for generating passive income online. By promoting products or services of others, you can earn a commission for each sale or lead you generate.

If you purchase a domain from another individual or via a domain marketplace, follow the transfer process outlined by the registrar to transfer the domain to your account.

Maintain a record of all the domains you own, along with their registration dates, expiration dates, and renewal fees. This will help you manage your domain portfolio effectively.

To avoid accidentally losing a domain due to non-renewal, set up auto-renewal with your registrar. This ensures that your domain remains registered and active.

Once you've found a domain name you want to purchase, follow the registrar's instructions to register the domain. Provide accurate contact information and complete the registration process. Consider opting for privacy protection services to keep your personal information private.

Before purchasing a domain, check its history using tools like Archive.org or DomainTools. This will allow you to view past website content, understand if it has been associated with spam or blacklisted activities, and evaluate its potential value.

Expired domains are those that were not renewed by their previous owners. Expired domain marketplaces, such as ExpiredDomains.net or SnapNames, provide opportunities to purchase domains that may have existing traffic, backlinks, or branding potential.

Explore domain auctions and marketplaces like Sedo, GoDaddy Auctions, or Afternic. These platforms often have a wide selection of domain names available for purchase. Participate in auctions or browse through listings to find domains that align with your investment goals.