My friend once shared with me about Jiki Life (Japan Life). They basically managed medical devices in a way similar to real estate.
E.g. Jiki Life sells me some medical devices (about $3K worth) and I'll get the "title deed" of the medical devices and become the owner of it. After which, I'll entrust Jiki Life to rent it out for me at 6% p.a. (about $15/mth). After 20 years, I either get back the $3K that I've paid for the devices or $3K worth of medical devices and it continues. During this period, the medical devices' maintenance fee will be paid by Jiki Life as they'll do all the fixing and repairing if there's any issue with them. The "tenant" will pay for the rental commission, the fees required to handle all the rental and other rental related issues. [This is the usual deal]
During that sharing, there's this promotion on the deal:
- Half Price: I pay $1.5K and own $3K worth of medical devices so my rent is 12% p.a. (About $30/mth).
- 1 for 1: I pay $3K and own $6K worth of medical devices so my rent is 12% p.a. (About $60/mth).
- 2 for 3: I pay $6K and own $15K worth of medical devices so my rent is 15% p.a. (About $75/mth).
For these promotion, after 20 years, I can only get back the amount that I've paid for or the equivalent worth of medical products.
For this plan, the bet is that Jiki Life will always be in business and the medical devices are highly sought for so that it'll always be rented by some hospital / clinic, etc. Should Jiki Life not be in business, my agent is the only person that can help me continue to collect the rent for the equipment, so my agent has to be very trustworthy and it'll help me in terms of my bet in this investment. I'm not sure if the promotion is still valid 'cos it's been quite a long time since I heard about it. And promotion 1 and 2 is actually the same thing.