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# Amit Parmar
- URL: https://www.thetaxgazebo.ca/money-and-mind/amit-parmar/
- Published: 2026-03-03T00:00:00.000Z
- Updated: 2026-03-03T00:00:00.000Z
- Author: Emily Mantle
- Tags: Money & Mind, Week 3, #Import 2026-07-01 16:11

In today’s Saturday Spotlight, I asked Amit Parmar — Commercial Realtor, Multi-Industry Operator, Investor and CMHC Multi-Family Mortgage Broker — to share his insights as it relates to our week on liquidity, Financial Hide and Seek, and the Equity Bridge.

Amit is one of the most disciplined operators I know in real estate. Here is his take on the structural traps that quietly shape investing:

## 1\. The False Bottom

On my first investment property, I didn’t pay myself for nearly 3 years. My priority wasn’t income. It was education and execution. I made costly mistakes with property managers, underestimated CapEx, and misjudged NOI improvements. *But those mistakes shaped a more disciplined approach.*

My situation is unique: my operating business funds my life, while my investments fuel long-term portfolio growth. I prioritize diversification across asset classes to mitigate risk. As a result, I view investment income not as a source of immediate cash flow, but as fuel for continued portfolio expansion.

Over time, I’ve come to understand that while reinvestment is powerful, it must be intentional — not reactive. **The key is knowing when you are building value vs. simply deferring income.** My objective remains clear: build a resilient, diversified portfolio that compounds over time, rather than optimizing for short-term income.

## 2\. Asset-Rich, Cash-Poor

For over a decade, I operated as ASSET-RICH but CASH-POOR and didn’t fully recognize the imbalance. My growth was supported by conservative underwriting, a focus on forced appreciation, calculated risk-taking, diversification and, candidly, a degree of timing and luck.

Over the past 5 years, despite significant market volatility and interest rate shifts, I have remained in both growth and acquisition mode due to my adaptability.

But I’ve learned: **Growth without liquidity creates constant pressure. Liquidity without growth limits long-term upside.** The goal isn’t just to keep acquiring — it’s to build sustainably while maintaining control over your financial reality.

## 3\. Surviving The Equity Bridge

I experienced this early on with a 59-unit property I renovated over 3 years using my own capital with limited understanding of structured strategies like BRRR. Rising interest rates reduced my refinance equity, and capital recovery took 5 years instead of 3\. It created ongoing pressure. That experience forced me to build three structural rules:

- **Capital Recovery Timeline:** I only pursue deals where I can recover invested capital in 3 years (max 5 under conservative scenarios).
- **Refi from Day 1:** Every acquisition is underwritten with the refinance as a core strategy, not a future event.
- **Staggered Cycles:** By acquiring consistently, properties stabilize and equity releases on a rolling basis. Liquidity becomes predictable, not dependent on a single event.

The Equity Bridge doesn’t become less risky with experience. *It becomes manageable with structure.*

Thank you, Amit, for the incredible insight!