In our last video, we showed the placement of forms and rebar under our Berkeley Victorian house, where the original foundation had once existed. This new video shows the result of pouring the concrete foundation into the forms and then removing the forms after the concrete had cured. In addition, we have begun building the cripple walls above the new foundation/mudsill and below the girders and floor joists. We did this work along the length of both sides of the house, and now we will repeat the process at the front and back width of house and down the center length of the property. Some contractors may choose to lift the entire house to do the entire replacement at one time, but my contractor decided it was more economical to do it in two stages (probably because he would have had to subcontract out the lifting process. Hope you enjoy the progress on this Berkeley Victorian foundation replacement!
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Did You Know?
Did you know that for many universities, privately owned student housing resolves the need to have competitive housing without utilizing the school’s scarce financial resources?
Did you know that student housing is a major commercial real estate niche that attracts billions of investment dollars each year, and now you can participate in this exciting market space too?
Did you know that you could obtain an equity position in an apartment community just by helping raise funds for the investment?
Did you know that you could earn $1000’s for just finding us a distressed property that meets our purchase criteria?
Did you know that multi-family consistently records superior risk-adjusted returns compared to the other property types?
Did you know that you could easily earn double-digit annualized returns by safely lending money that is secured by real property?
Did you know that proximity to campus is key not only for students but also for investors who have learned through experience that properties close to campus are more resilient when the market adjusts? Close-in properties fare better when demand drops due to enrollment or housing policy changes, or when new development adds to a market’s supply.