Matt Skinner: Traditional Real Estate Investments See a Surge in Interest from Crypto Currency Holders
Valencia, CA - - Empire West Investments, a leading real estate investment firm reports an increase of inquiries from people that made money trading crypto currencies. The trends may be an indication that due to the instability of the value of crypto currencies, crypto traders are now looking into secured investments.
As it is difficult to track to track how many people have made million-dollar profits out of cryptocurrencies due to the nature of its underlying technology, there are an estimated 23,943 accounts or wallets holding at least a million dollars’ worth of bitcoins, according to BitInfoCharts.com, which tracks bitcoin data. Coinbase has more than 13 million accounts that own cryptocurrencies.
The wealth is intoxicating news, feverish because it seems so random. Investors trying to grok the landscape compare it to the dot-com bubble of the late 1990s, when valuations of internet companies went through the roof.
“We are getting calls and emails from people that have amazed small and large fortunes in crypto currencies. It is clear that these folks are now, looking into investing in secured places like apartment building ownership,” said Matt Skinner, president of Empire West Investments. “People are downloading my books, taking my classes and will start investing into our properties and funds at a never seeing before rate.”
For the do-it-yourselfers, Empire West Investments will soon start accepting Bitcoin and other crypto currencies as payment from some of their educational products. Investors that are looking for more secured investments without managing properties or dealing with tenants, are cashing in their crypto and are starting to participate in one or more apartment building ownership funds.
About Empire West Investments
Empire West is a real estate investment group that specializes in helping accredited and non-accredited investors get a higher return on investment with cash-flow apartment buildings.
Empire West’s of top-notch professionals, and their vast group of Deal Makers have traditionally obtained some of the best return on investment for their investors. Matt Skinner has lead his team in developing over $100 million in real estate, over 1,000 apartment buildings, and teaches real estate entrepreneurs how to succeed using his self-made tactics.