They're starting to throw their houses up for sale because of all the equity they've gained and many are moving to other states so they can actually get insurance on the new homes.

Real estate is one of the few investments that allows us to take today’s effort and turn it into long-term gains that can continue even when we're no longer actively working.That’s why I buy investment properties.

And it always takes a little longer and costs a little more...The more properties you have in a small area the better you can focus and gain operational efficiencies.

Can local investors in Real estate still gain returns that change family history?

Now I am trying to decide to sell (take the long term cap gains hit) versus a 1031 exchange (never done one) or just relist it. 

I'm pretty new to the real estate investing game but obviously looking to gain the skill and knowledge to eventually build an empire. :)I am a clean, quiet, and respectful person and looking for the same while rooming together for these few days.I live in Vegas but originally from SoCal.

when you do a 1031 exchange you are able to rid yourself of the property without paying capital gains at the time of sale.

This is like $1300 gains vs $800.

After enough time, equity gains and income gains are huge compared to when you purchased.

However, newer properties don’t always cash flow well, and you’re giving up significant equity in exchange for a home that might not provide you much financial gain immediately.