ASK US ANYTHING
We absolutely LOVE hearing from everyone! We receive lots of questions every week like how we afford to buy the houses, how to run the budget side of things, which white paint is best and the list goes on. So throughout this reno we will be answering one of your questions on the blog each week. If you have something you would love to know about how we renovate or run Three Birds as a business, fill out the form below.
How can you afford to buy the houses and renovate them?
For the houses we renovate, we usually need approx. $1m to buy and renovate them. One of the biggest things that makes this possible is splitting the bill three-ways, meaning we each bring $333k to the table. Where that $333k comes from varies for each of us but it’s basically borrowed money that we have used our own homes/assets as security for that loan or line-of-credit. We don’t use the house we are purchasing as security for a loan. We can’t, because we are buying it in our company name and at this early stage of our business, we cannot borrow money as a company. This is something we hope to do in the future as we get more runs on the board. Our best advice would be to speak to experts in the field of financial planning and accounting so they can advise you based on your personal situation - that’s what we did.
From Anna Howell: Where do you get your beautiful gas-strut windows from?
Decorative Building Products in QLD. We stumbled across them with our first house. I was ringing around trying to find some cheap bi-fold windows (an exciting task – not) when I came across Garry at Decorative Building Products and he suggested we try a gas-strut window instead. We did and have never looked back. They are less expensive than bi-folds and we have them custom-made for our builder to install. I’ll be putting one in my house when I renovate it later this year.
From Jenny Baker: I love the idea of spray painting my brick exterior, but what are your painter’s thoughts on how it wears over time? Is there one paint over another that works better?
We’ve been getting loads of enquiries about our painter. His name is Craig Peachey and he owns ‘Peachey’s Painting & Decorating’ 0414 639 440. He says “the paint will stick to the brick for as long as the warranty states – most claim ‘lifetime’ these days. Personally, I recommend a house be repainted every 10 - 15 years and one watch-out is if there are garden beds close to the brick, it can cause rising damp and the paint can become flaky in those places. I like using Endure by Taubmans when I’m spraying brick.” What a legend.
My daughter and I have been following your progress since you started and we are very impressed with what you have achieved. I am wanting to renovate my laundry with new cupboards and benches. Could you advise me who you use for your cabinet work. Thank you | Carol Hardie
We received a few questions this week about our cabinetry for both our kitchens and laundries so here’s a quick summary of what we’ve done in all our houses:
HOUSE 1 | Cabinetry by IKEA. It came flat-packed so we paid our carpenter to build and install it. Our laundry was a European style behind some doors. We forgot to take photos of that one.
HOUSE 2 | Cabinetry by Kaboodle from Bunnings. When we bought the house it already had Kaboodle cabinets, so to save money we just bought some additional ones to use when we relocated and renovated the kitchen - and we changed the original handles.
HOUSE 3 | Kitchen cabinetry by Collective Joinery. After two houses of flat-pack kitchens we decided to try a custom solution and loved it. But for the laundry we used Ikea cabinet fronts as our budget was tight and we felt they still worked in that space.
HOUSE 4 | UNDER CONSTRUCTION - Cabinetry by Collective Joinery. This kitchen is still a work in progress but I get the vibe this could end up our favourite. So happy we went for grey cabinetry this time. No pics of the laundry yet but we decided to go with white cabinetry in that space – didn’t want it to be too matchy-matchy with the kitchen.