Vancouver Real Estate Podcast

VREP #474 | How a Family-First Investor Cracked RRSP Real Estate and Scaled a Multifamily Portfolio with Rodrigo Parada

Jun 27, 2025
Rodrigo Parada, a Montreal-based investor and founder of Triple Harbor Capital, specializes in multifamily real estate investments using registered retirement savings. He discusses how he transformed his family's RRSP into a multimillion-dollar portfolio, sharing insights on negotiating residential lending limits and building a mutual fund trust. Rodrigo delves into the difference between residential and commercial financing, and how a family-first mindset fueled his success. He offers practical strategies for Canadians looking to invest smarter in real estate.
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ADVICE

Start Real Estate With Honesty

  • Assess your personal financial situation honestly before investing in real estate.
  • Match investments to your stage by house hacking first, aiming for value-add properties to refinance and scale.
ANECDOTE

Rodrigo's Family House Hacking Start

  • Rodrigo started real estate investing with his family in 2018 by buying and renovating a triplex during COVID.
  • They house hacked by living in one unit and renting the others, using renovations to increase value and cash flow.
INSIGHT

Commercial Lending Offers Valuation Certainty

  • Commercial multifamily valuations rely more on net operating income and cap rates than recent sales comps.
  • This offers more certainty for refinancing value than residential markets, aiding confident dealmaking.
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