Hey Jayro,
Wife and I are about in the same position with you and some others here too.
Just gone passed 30 and looking at having the 1st child asap.
Have PPOR and just got 1st IP recently and very glad we have worked hard in the last few years to set up our financial position to the stage it is at before children get involved into the situation. I have always believed setting up a good base before having kids is very important.
Funny thing is I have 2 friends who both had 2 properties, then went and had 2 and 3 kids in their mid 20's. Now they are both renting out west (previouly lived east) with no properties and no equity. I think they weren't ready for kids and got caught up in materialism and just went downhill fast.
Slow and steady is the way to go.
Good luck with all.
Wife and I are about in the same position with you and some others here too.
Just gone passed 30 and looking at having the 1st child asap.
Have PPOR and just got 1st IP recently and very glad we have worked hard in the last few years to set up our financial position to the stage it is at before children get involved into the situation. I have always believed setting up a good base before having kids is very important.
Funny thing is I have 2 friends who both had 2 properties, then went and had 2 and 3 kids in their mid 20's. Now they are both renting out west (previouly lived east) with no properties and no equity. I think they weren't ready for kids and got caught up in materialism and just went downhill fast.
Slow and steady is the way to go.
Good luck with all.