If you are pursuing option 1, then you will want to use an automated service for the reasons mentioned in the article. Follow the process in the article to see which registrar the domain name is located at. If it’s at a Auction House like GoDaddy, NameJet or SnapNames, I believe they publicly share if there is a backorder on a domain name but not who placed that backorder. (Any interest in a domain name may be enough for someone else to place a backorder, thereby driving interest in the domain name that may be visible to the registrant.) So if the domain is at a registrar partnered with one of these companies, then you’ll have to monitor it manually (via calendar entries based on the whois expiration data) to maintain your distance.
.ac .ae .af .ag .am .ar .as .at .au .aw .ax .be .bg .bi .bj .bn .bo .br .bw .by .bz .ca .cc .ch .ci .cl .cn .co .cr .cx .cz .de .dk .dm .do .ee .es .fi .fm .fo .fr .gd .gg .gi .gl .gs .gy .hk .hn .hr .ht .hu .id .ie .il .im .in .io .iq .ir .is .it .je .jp .ke .kg .ki .kr .ky .kz .la .lc .li .lt .lu .lv .ly .ma .md .me .mg .mk .mn .ms .mu .mx .nl .nc .nf .ng .no .nu .nz .om .pe .pf .pl .pm .pr .pt .pw .qa .re .ro .rs .ru .rw .sb .sc .se .sg .sh .si .sk .sm .sn .so .st .su .sx .tc .tf .th .tl .tn .to .tr .tv .tw .ua .ug .uk .us .uy .uz .vc .wf .yt .za

Sometimes people purchase domains that they plan to build a website on or sell in the future, but it just doesn’t end up happening. If an individual decides that it is no longer worth the yearly investment of keeping the domain in their account, they may choose to let it expire. Or, someone might just forget to renew the domain before the expiration date. If this happens, it’s a great chance for other domain investors to score rare domain names that are pending delete. Spending time perusing the list of recently dropped domains can be a worthwhile way to find high quality domains.
If you buy keyword specific domains, you're really buying the type in traffic.  I use the URL builder and redirect through that URL so you can see how much traffic your getting from the keyword domain.  There seems to be no rythme or reason to what keyword domains deliver traffic and what don't.  By tracking traffic with the Google URL builder you get a feel for what names are giving you traffic and which are not. ie. the plural, the singular, two words, three words, the possessive, etc.
I am really new to all this. I am about to launch my blog in the next week. I have a domain and a wordpress blog set ready to go. Clearly it will have no traffic from day one and I guess it will take a while to build up. So my question is would you advise a begginer like me to stick with the one blog for a while and build it up. Or is it worth investing the time early on to master how to find expired domains and link them to the blog?
By strategically buying expired domain names which have certain quality features, you can create a link "pump" to your target sites. From an SEO perspective, this can turbo charge your rankings on Google and other search engines. Also, you can make money directly by promoting products on high ranking search results. Additionally, you can make money by selling links on your network to people looking to get an SEO boost.

Thanks, Michael. I cannot find the auction site house of this registrar. It IS up for auction, but it’s NOT fully expired nor dropped – so it appears as though using an automated domain name backorder service may not be the best course of action. The URL still renews every year and is not set to expire until June 2016. The registrar is DOMREG LTD and seems to be tied in to LIBRIS.com. Any suggestions? I just need to ensure my $ is going to the actual entity that’ll grant me the URL. I’m unclear how to avoid paying $ for the URL to a company/service that can’t actually do anything for me (i.e., getting ripped off). Thanks for any direction you can offer.

Also, I currently have two other domains that are registered with Squarespace, and I have their annual payments set up automatically so I never have to manually pay (and so nobody else gets that window of opportunity to take the domain away from me). Would it be possible that the owner of this domain might just have a similar system in place and that I might be wasting my time?
Warehousing: I have no clue to a percentage of warehoused domains but I know it happens. Tucows even admitted it on my blog “I know you don’t like that we’re allowed to select expiring names for the Tucows Portfolio rather than letting them all go to auction or drop but that seems to be something we have to agree to disagree about.” ~ Ken Schafer (1st comment) http://www.dotweekly.com/could-you-explain-tucows

While getting a new domain name will give your site a clean slate and allow you to start a fresh marketing campaign, you may not be aware of the fact that some expired domains come with a high Page Rank value. A company that buys such a domain will not have to work so hard on website promotion and backlink building techniques. Thanks for updating this really informative post!
I want to purchase a domain name that is to expire very soon. After looking it up on Whois, the owner is revealed to be 1 and 1, which doesn’t have a designated auction house based on your chart above. How should I go about trying to buy this? Because I don’t know if it will go to auction, and if it does, which auction house I should look at. It is set to expire soon: 2015-09-21

Answer: Many auction sites will allow you to backorder the domain name for free. Follow the process above to find the domain name registrar and auction partner site. Then sign up for an account at the auction partner site and enter a backorder. But remember, the domain name may transfer to another registrar at some point so refer to Step 1 above periodically.
There is no easy way to explain “all” things about expired domain names. As you stated Michael, Network Solutions domain names go to the partnered domain auction service NameJet.com BUT, not “all” do… NSI customers have the option to opt-out of having expired domains go to auction. If a customer picks this option, the domain name would go through the drop process and go PendingDelete around the 71st day after the expire date. When it is released from the registry, the domain name is fair game to the major dropcatching services and the private ones. This still doesn’t mean anybody would grab it, and the domain may become available to hand register.
Domain Hunter Gatherer also makes expired domain detection less painful. As I've mentioned above, finding drop domains on your own can be like taking shots in the dark, or trying to find a needle in a haystack. You’re more than welcome to try it, but I’m telling you, it’s not going to be a pleasant experience. With Domain Hunter Gatherer, you have many different options on how to search for drop domains. You can enter a search term and it will spit out sites that you can then crawl for dead links. You can then filter these dead links to see if they can be registered. You can also enter a site URL of a competitor and get dead links that way. You can even import web pages from Wikipedia or other websites to scan for dead links.

This is a little bit on the grey hat/black hat side of the spectrum. But the fact is building a blog network with expired domains flat out works. The only issue is getting those cream of the crop domains without going broke. This video will walk you through tested strategies and techniques you can use to find powerful, yet affordable, expired domains.
When you see one that looks pretty good you can just click on the bid button and you’ll be taken to Go Daddy Auctions which shows some more information about the domain bidding process, how many people have bid, the traffic potential per month, the price which is now $12. How much time is left? You can make a bid. It’s based on the link profile and it’s relevancy, authority and your budget. This domain looks like a good bet for you.
A brand new domain, for instance, will have to wait for a few days before getting indexed by Google and other search engines, and then its owner will need to go through the tedious process of search engine optimization, which takes time and financial resources. High authority expired domain names on the other hand, offer a short cut and allow you to get down to business straight away.
Now a lot of time, you'll search for things and you'll think you're getting niche website's back, but actually, in fact, because of Google's shift towards big authority websites, you'll get things like Amazon listings. So if you don't want to end up crawling those big authority websites - and you want just the smaller ones, then you can make sure that the website, you'll crawl from the search engine results, is relevant by putting in a metadata requirement here. So any results that come back from the scrape of Google for any of these search terms, here you can say that they must contain one of these things, so what you can do is you can just put that your search terms in there back into there into the metadata requirement. So then, when a result comes back from google, it will loop through these line, separated terms and it'll say this is a homepage metadata, so the title, the keyword, the description, does it contain these?
Now the numbers of errors, for we give up crawling a web site in case you know, they've got some kind of anti scraping technology or the web sites just completely knackered or something thirty is generally fine. Limit number of pages crawled per website most the time you want that ticked. I have it about a hundred thousand less you are going to be crawling some particularly big websites. I like that there, because, if you have an endless, crawl and there's some kind of weird URL structure on a website like an old-school date picker or something you don't want to be endlessly stuck on that website. Show your URLs being crawled. Now, if you just want to see what it's doing, you can have it on for debugging sometimes, but I generally leave it off because it makes it slightly faster and writes results into a text file so as it goes along and it finds expired domains as well as showing you and the GUI here, you can write them into a text file just in case there's a crash or your PC shuts down or something like that.
To get the most from GoDaddy Auctions, you should first decide on the way you want to evaluate the domains. Domainers tend to look at the words in the domain name, while SEOs care about the backlink equity. If you are a domainer, you should look at Estibot, Domain Index or Valuate scores. If you are an SEO, you should look at the Ahrefs, Moz and Majestic metrics to gauge the value of the backlinks. Once you have figured this out, you should look at these numbers for every domain you find on GoDaddy Auctions. Do not be afraid of bidding on the Closeout auctions, as you can get good domains for cheap.
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