With a degree in Insurance, Risk Management and Financial Planning, Ryan Eaton headed off to Florida to sell real estate between Destin and Panama City Beach. What he thought was going to be the time of his life ended quickly when Hurricane Katrina hit the Gulf Coast and quickly flipped the real estate market upside down. With Hurricane Ivan the year before, insurance rates skyrocketed, and buyers disappeared – with the market going from 360 closings in August to only 17 in September. Since, the market has changed.
Ryan decided it was time to head back home to the state of Mississippi. Shortly after moving back, he started work for his family’s insurance agency, got marries, and had his first son. During those early years of marriage, he purchased foreclosures and rental properties (some good and some bad). He sold personal real estate and helped close transactions of commercial real estate, all while learning some valuable lessons with those investments during the first five years of marriage.
However, the best real estate transaction was in 2011 when he and his wife were blessed with winning the St. Jude Dream Home. A $100 ticket to a drawing turned into a $500k house which is always a good deal, even with the taxes!
Fast forward to 2020, Ryan still works for his family’s insurance agency, is married to his wonderful wife with two sons, and lives in the great state of Mississippi.
Over the last 20 years, he has majored in financial planning, is a Registered Investment Advisor, a Certified Annuity Specialist, has real estate licenses in several states and has participated in about ten million dollars of real estate transactions. He has owned seven houses personally in the last 12 years, ran a janitorial and security business and worked full time in the insurance business as a licensed agent for 15 years.
Ryan has leaned a lot about life from reading books but has learned the most from trying things and giving it his best shot. It has taken 20 years to get some of these financial principles through his head, but they have clicked now and if applied, they can work for anyone. There is no doubt he has made a lot of mistakes, but in that comes reward. Ryan hopes to impart some wisdom and valuable lessons, so the next person doesn’t make the same mistakes.