The Hidden Crisis in Real Estate Nobody’s Talking About (Until Now) with Robbie Hendricks
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 24 April 2025
⏱️ 56 minutes
🧾️ Download transcript
Summary
You can learn more about Robbie and his company at their website: https://vrec.com
And be sure to follow Robbie on X (formally Twitter): https://x.com/RobertHendricks
• • •
Visit Ken's Bookstore: https://kenmcelroy.com/bookstore
• • •
ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: https://mccompanies.com
• • •
DISCLAIMERS: Any information or advice available on this podcast is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this podcast. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this podcast are accurate and up-to-date, all information contained on it is provided ‘as is.’ Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this podcast. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate.
Comments that are off-topic, offensive, or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
© 2025 KenMcElroy.com, LLC. All Rights Reserved.
#realestateinvesting #Midwestrealestate #operatorduediligence #propertymanagement #rentcontrol #affordablehousingcrisis #housingmarket2025 #risingrents #valueaddrealestate #KenMcElroy #RobbieHendrick #syndicationmistakes #inflationandrealestate #localinvesting #interestrateshousing #multifamilymarket #selfmanagement #506cdeals #investortrust #housingaffordability #economicmigration
Transcript
Click on a timestamp to play from that location
| 0:00.0 | So today we're on with my good friend, Robbie. |
| 0:04.5 | We're in the collective together, but I also invested with you guys. |
| 0:08.2 | So I wanted to chat with you, Rob, because you guys are busy. |
| 0:11.5 | And a lot of people are talking about the Midwest, which is where you guys kind of live and also invest. |
| 0:18.4 | So let's talk about what's happening to the middle of the country because a lot of |
| 0:22.2 | people that listen to these oftentimes are kind of focused on the coasts. Yeah, it's funny because |
| 0:28.3 | it's like the Midwest is the hot thing right now, right? Because everyone was looking at the sunbelt |
| 0:32.6 | and everyone was looking all over the country. So they're like, oh, it's the Midwest now. The Midwest is the new |
| 0:37.5 | hot spot. As if it's going through some renaissance, you know? And, you know, the Midwest has just |
| 0:44.1 | been consistently boring for a long time. And which is how long we've been here, right? We've |
| 0:48.8 | been buying multifamily here for 13 years. And it's just been a slow and steady business for us that we understand, |
| 0:55.3 | but we're local. And that gives us a pretty significant competitive advantage, right? But it's been, |
| 0:59.5 | it's been funny watching all the buzz now go to Ohio and Indianapolis and Columbus and Kansas City. |
| 1:06.9 | Like those are the markets now. And oh, no, not Phoenix, not Dallas, you know, not for Lauderdale, you know, |
| 1:13.2 | Dayton, Ohio. Well, it's funny because I look at some of the articles online, like top 10 |
| 1:18.8 | cities to invest in. And, you know, my hometown, like Akron, Ohio is like number two on the list, |
| 1:24.7 | which blows my mind because to your point, it's always been there. |
| 1:28.3 | It's not really changing that much. |
| 1:31.3 | Completely. |
| 1:32.0 | And it's really not changing that much. |
| 1:33.8 | The only thing that's really happening in the Midwest is you're seeing like positive migration |
| 1:38.0 | in the cities because the people in the rural towns are slowly convalescing into the suburbs |
... |
Transcript will be available on the free plan in 13 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Ken McElroy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ken McElroy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.