There is a big difference between running a business and having a hobby/passion.........if someone is rich and doesn't require their passion/hobby to put food on the table or clothes on your back then obviously you don't have to worry about a profit.

I got involved with Nouveau Riche and it has changed my life!

Rich

I'm an American living in Singapore.

Second, anyone can do this, but not everyone will...because it is not get rich quick and it is a lot of work.

I found a website call legalzoom. you can set up an LLC there for about $400.00 I also read rich dad real estate advantages.

Your approach is very similar to mine, get rich slow is an enjoyable journey....... 8)

He better be a rich man (having taken money from many people) to return all funds and serve a prison sentence.Having said that, you carry a major responsibility in investing in a private company without securities (at that time).

"I know who i am", whether im broke or not, but its nice to be rich :mrgreen:

Being a landlord isn't as easy as "put down little money", collect rent, get rich.