​Recently, I've been bidding on not just domain names, but domain names that come with a website.  You can buy pretty inexpensive websites that are 'starter' and may not be making money each month, but have a ton of original content and viewers already visiting it.  If it's a niche that you're familiar with, you may have a good chance of making money at it!

I have bid on domain names on Godaddy Auctions for years acquiring domain names for my company Handshakin, but recently have started to spend more time on Flippa and Sedo.