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Eric Weatherholtz
@iononrecourse
Connecting the world of mixed-use development at automaticmeetup.com
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automaticmeetup.com/alive-by-desig…
Joined September 2021
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  • Pinned
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    Eric Weatherholtz
    @iononrecourse
    Oct 14, 2025
    Caution - niche content for mixed-use developers. Keep scrolling otherwise: I've spent 30 years developing and redeveloping retail and mixed-use real estate. The one big thing I learned is that each tenant has a halo effect (good or bad) on the rest of the property. For
    53K
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    Eric Weatherholtz
    @iononrecourse
    Apr 12, 2024
    Replying to @BrentBeshore
    Suck the marrow from every day's bone. Be present, squeeze the kids, coach the teams, take the camping trip, ride the dirt bike with them on the handlebars (without telling mom) And scratch out some fat equity positions.
    168K
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    Eric Weatherholtz
    @iononrecourse
    May 22, 2023
    I got a business lesson from a chef pal yesterday: "We all buy bagged frozen calamari from Sysco, I can call it fried calamari, put it in a red plastic basket with some marinara and sell if for "$7.99" I can call it crispy calamari, toss it with five spice and sweet chili
    455K
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    Eric Weatherholtz
    @iononrecourse
    Apr 1, 2022
    What if you were building a donut shop and a taco stand and had some leftover land in the back and a woman asked if you would sell so she could build some houses and you said ok and she did this
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    Eric Weatherholtz
    @iononrecourse
    Jan 6, 2025
    Said goodbye to an old friend 275k miles 🫡
    111K
  • user avatar
    Eric Weatherholtz
    @iononrecourse
    Jul 21, 2024
    Replying to @roblabonne
    no one wishes they had less
    45K
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    Eric Weatherholtz
    @iononrecourse
    Sep 9, 2025
    To build a "date night" type restaurant it wouldn't be unusual to spend $900 per square foot in addition to the cost of a shell building. A really good restaurant margin (just within the 4 walls with no accounting for home office costs) is 20%. A really good return on cost is a
    111K
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    Eric Weatherholtz
    @iononrecourse
    Apr 24, 2022
    Some folks here are dialed in to class B industrial, others self-storage, others urban multifamily. Some sickos - office. Our business is a commercial real estate sub-specialty: Patios. 1/20
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    Eric Weatherholtz
    @iononrecourse
    Jan 10, 2022
    How to get rich in real estate (DIY style) Inherit it or marry it. If that doesn’t work and you’re starting from zero, here’s how:
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    Eric Weatherholtz
    @iononrecourse
    Jul 10, 2024
    An friend has been running his own small family office for 24 years. Working on it (or at least thinking about it) daily, dealing with alt managers, taxes, distributions, 3 part time employees, etc. Compounded annual growth rate? 4.3%
    348K
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    Eric Weatherholtz
    @iononrecourse
    Mar 10, 2022
    for 20 yrs our electrician has sent a quarterly inspection report of lights out in our parking lots with note "I will proceed with repairs unless instructed otherwise" super sticky re-ocurring business, 50 customers, bet he nets $300k/yr from this alone one savvy country boy
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    Eric Weatherholtz
    @iononrecourse
    Oct 30, 2023
    Similar size, similar cost. Creating the building on the left takes a ton of effort and money. The building on the right (one of our projects) also took a ton of effort and money. The one on the left makes everything around it less desirable, but the one on the right helped
    173K
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    Eric Weatherholtz
    @iononrecourse
    Jun 14, 2022
    GC’s email got hacked, wiring instructions changed for latest draw request. We send $190k to wrong address Secret Service saves the day - locks the account, we get our $$$ returned I’m not bashing big government for a while
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    Eric Weatherholtz
    @iononrecourse
    Mar 9, 2023
    In real estate, life can come at you slow. 17 years ago we started on a master plan to improve a three block stretch of Atlanta. And
    288K