OK ladies, strap yourselves in and, as the real estate agent who showed us around this old cottage that we now call home said when we first came to view it, BRACE YOURSELF!.
This post if not for the faint of heart
So the hunt is on for another old cottage…after a bit of experience of doing up old places with ‘lots of potential’ we are ready to dip our toes in the water and get going on a new project, a bit of a challenge and some hard work…
We have explored many areas for this project with many different scenarios…a coastal home to rent out for holidays, a holiday unit thousands of miles away (you might call that a flat, apartment or condo), an investment rental near to somewhere people commute to to rent out long-term, a unit near to us here to rent out to overseas visitors, or a place to buy, do up and flip asap…
Both of us, if truth be known would prefer to either flip somewhere or do a holiday rental but the bottom line of this project is not to be airy-fairy but to make money and Mr BC being the cold hard businessman he is who only does something if it makes money will in the end go for whatever option will do that…
I, on the other hand, am entertaining ideas of ‘original kitchens’ that I turn to gold with a lick of paint, an exterior that would sing with white, sash windows, an overgrown garden heaving with potential and old floorboards hidden under 70s carpets that will come good…all done with a basket over one’s arm and some white linens floating around for good measure…
So these pics are of one of the places that we have been to look at….according to those in the know it has ‘potential’ and is a good ‘investment’
I give you windows
I give you pink walls…
I give you floorboards and carpet
I give you exterior
I give you a kitchen
I give you a garden…
I give you much thought and much convos on this one….
We may well end up with a bog standard place that is a bit dated, quick and easy to flip and not very interesting…but so far we are looking at places that need a lot of imagination on everything….
A lot of people have given us their input and opinion on this and how badly it can go very much not to plan…we are well aware of that and are being very realistic that this could go quite wrong and more importantly may not make any money but we are ready…just like when we came to Australia…it’s now or never. Bring it on.
I hope you will enjoy being part of the journey with us!
What do you think? Do you see any potential? Have you been on a similar journey? Do you think we could turn something like this around?
Yours in the Power of Paint