After all, the 30-year-old was living in Sydney — one of the world’s priciest real estate markets — and he had recently chewed through his savings during a stint living in the US.
, and one day he bumped into managing director Brendan Dixon, and asked what the company actually did.“I walked in, I said this is what I have, this is what I want and this is what I’d like to do, and he said ‘leave it with me’,” Mr Miles told news.com.au. He had a deposit of around $30,000, which had taken him around two and a half years to save, and borrowed the rest.He said he had used four main strategies to achieve his dream — moving back home to save money on rent, taking on extra work and a second job to maximise his savings, enlisting the help of professionals to make the process easier and using his parents as guarantors on his loan.
Mr Miles said he was previously saving over $1000 a week — or around 80 per cent of his salary — as he built up his deposit.