TrueStar Domains

I want to try to buy and sell domain names. How do I get started.
Could someone provide a step by step guide to getting into the business.
Can I sell domain names I buy through contractors such as ipower or do I need my own registering company?
I am willing to risk a lot of money for this business (1000-5000+).

Thanks A Lot guys.
Ipower means Ipower.com
Its a Domain Name registering company

socceric18 asked:

My business recently received an email from a chinese domain registering company that the trademarked brand name (in the US) is being challenged. Its the exact same as the trademarked name, except with different postfixes instead of .com. My company does business with China, but i’m not sure if this is scam or not. Is there any international governance over Internet Domain Names?

Thanks

domain address