How far can you go? What are your “limits” in life? For most people, it’s easy to get discouraged by everyday barriers, but for today’s guest, not letting limits define him is what led to a brighter future. Tony Clark, today’s guest, identified and assessed his limits to determine his starting point. And now, he has three rental units, including a duplex in Nashville and a house in California.Tony’s real estate investing journey started when he realized how expensive life is. After college, he worked at a church making decent money, but after dating his now wife, he realized that wasn’t enough to support a family. He turned to real estate to escape the grind and ensure he wouldn’t have to work crazy hours to live the life of his dreams. Once he recognized that he needed to buy an asset someone would want, he bought a transit van to rent out. From this purchase alone, he started his journey to pursue passive income.From his experience with the transit van, he transitioned to real estate seamlessly. After identifying his limiting factors, he settled on Nashville—where he could enjoy living and where the numbers made sense. He’s also been able to build a team and even start a property management company. Tony is now much closer to his ultimate goal of buying better properties with great tenants, spending less time working and more time building his empire!In This Episode We CoverWhy owning appreciating, cash-flowing assets is the true path to wealth How to cut your expenses, live for cheap, and invest the restUtilizing the assets you own to save money, work less, and make money simultaneouslyLimiting factors and how understanding your limits can make you a better investor How to set your buying criteria, and how to find investments that fit your goalsSelf-managing and what you need to run your own property management businessAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentReal Estate Rookie Facebook GroupBiggerPocketsMLSRentRediZillowBiggerPockets ProThe Real Estate PodcastDoorDashTuroOutdoorsyHemlaneShowamiConnect with Tony:Tony's InstagramTony's BiggerPockets ProfileTony's TiktokCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-245Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.