DDL In Receivership ... Another One Bites The Dust ... Developers Going Broke ⎜ Ep. 1008

In this episode, we discuss how property developer DDL Ormiston has gone into receivership.  We share what property investors need to know to avoid investing with a developer who may run into financial hardship.  This includes asking specific questions, searching the New Zealand Legal Information Institute, and using Companies Office records to determine where the major shareholder lives.

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The Property Academy Podcast is a daily show that gives you insight, analysis and strategies for how to get the most out of the NZ property market. That's whether you're an existing or aspiring property investor, you want to get into your first home, or you're just interested in the property market. Andrew Nicol and Ed McKnight host the podcast. Andrew is the Managing Partner of Opes Partners and a prolific investor himself. Ed is an economist. https://www.opespartners.co.nz/investment/property-investment Legal Stuff: https://www.opespartners.co.nz/disclaimer-youtube-podcast-webinar