Private Pilot reported two unstable approaches with the second approach resulting in an encounter with a plastic barricade on the side of the runway. After a low approach to check for damage to the aircraft; a landing was accomplished.

Narrative

On the day of the incident; me and a pilot friend were going to have lunch at ZZZ1. I was pilot flying during the first leg from ZZZ to ZZZ1 and then he was going to fly back. My previous experience in [this aircraft] was in a different model; but since that plane wasn't available we took [this aircraft]. The conditions at the airport were good VFR with a crosswind of about 80 degrees from the right at 8 KTS. On the first attempt to land; I did a go-around because we were not stable. The second approach was good until the flare which was a bit high; we bounced and on the second bounce my friend called for the controls. Since he is the more experienced pilot; I complied. After that we lost control and veered to the left of the runway; he immediately started a go-around; but the flaps were still down. As soon as we noticed we cleaned the aircraft up and took off again. However; in between we ran over the side of the runway and hit a plastic barricade that was on the grass next to the runway. Once in the air again; we performed a low approach to make sure the landing gear was in good condition and landed; this time without incident.