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Expired domains with backlinks

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Hello,
I have a question that's possibly been debated before, but suppose you found an old expired domain that had say 1500 backlinks to it before it expired, would it be worth buying it & pointing it at your related domain?

As I understand it the old links will not be counted for SEO purposes by Google etc, but if they still exist I assume you'd get some residual traffic from them?

Also, if it expires & Google discounts the old links, does it remove them from the index - because the one I've found I can't find a single link if I search in Google for "www.thedomainname.com" although yahoo site search still shows about 7?

Many Thanks.
 
It does depend on what the previous owner did when the domain dropped. I bought a dropped domain recently that was attached to a very popular forum. I did it because I was a forum member, and I want to protect the name, but I will be lucky to get my money back because the previous owner has reconstructed the site as a subdomain of his own site, and any search hits his reconstruction at no1, and the "dead" forum at no2.

That's two subdomains hitting the high spots, and my "live" site gets nada zilch. But I don't care, the objective is not to make money. For you, that would be a problem ...
 
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