5 minute read

Michelle Coleman

The Coleman Estate JC

By Terry L. Watson

Advertisement

Photos Provided by Michelle Coleman

The young and vibrant entrepreneur has one thing on her mind: to succeed. She is no stranger to hard work; at a moment’s notice, she is ready to roll up her sleeves and make things happen.

Micelle Coleman of Ohio, comes from a large family. Along with her twin sister, she has five other siblings. She describes her mother Theresa Magee, as being strong and wise. Her father, the late Frederick Coleman, was awarded a purple heart for his sacrifice in the U.S. Army. When her father died at a young age, Michelle says her mother, aunt, and uncle worked in unison to ensure that she and her sister never went without. “They were someone we looked up to. They never forgot a birthday or holiday, and they instilled in us the importance of education. I would not be who I am today if it were not for the three of them,” Michelle says.

Originally born in Nashville, TN, Michelle attended Forest Hill High School in Jackson, Mississippi. There, she ran track, cross-country and created a dance team in high school named 601 Chicks. “The dance team gave young girls like me a fun space to express ourselves throughout dance,” she says. She later graduated high school in 2013, and along with her twin sister, they were the only two children on her mother’s side to receive a high school diploma. Michelle says it was a great day to see her mother so proud.

After high school, she attended Hinds Community College and received a trade certificate in business. She would go on to work a couple of side jobs until she received her license in the insurance sales field. Today, she owns The Coleman Estate JC, and Wealth Consulting Group LLC. Both were established between 2019 and 2020.

“While in college I startedattending real estate(wholesaling) seminars andreading real estate investingbooks. I attended manyseminars throughout theyears. Then I finally investedin a mentor who gave me morehands-on training. After doingmy first flip and receiving a checkfor over $10,000 for little to nowork, I believe that was the startof my journey.”

The Coleman Estate J.C brand involves real estate investing, wholesaling, Airbnb, and rental properties. Michelle shares she helps her community by buying unwanted properties, rehabbing them, and turning them into beautiful masterpieces. She also enjoys helping families out of foreclosure, problem homes, and relocations. She successfully acquired rental property, turned it around, and later built her dream home within 12 months. Those accomplishments even happened during the Covid 19 pandemic, and now Michelle is teaching others to do the same, no matter what the housing market looks like.

Her other company, Wealth Consulting Group LLC, assists clients with their credit, offering many services such as free consultations, free one-on-one credit coaching with a credit expert, free credit analysis, and much more. “We are changing the lives of our clients, their families, and our community,” she says. Michelle also named one of her businesses after her father’s last name and hopes to build a housing community for veterans one day.

How did Michelle get started on her entrepreneurial journey? She says, “I have always had a vision of helping others. I guess that is what sparked an entrepreneurial spirit that initially launched my business interests. While in college I started attending real estate (wholesaling) seminars and reading real estate investing books. I attended many seminars throughout the years. Then I finally invested in a mentor who gave me more hands-on training. After doing my first flip and receiving a check for over $10,000 for little to no work, I believe that was the start of my journey. I purchased my first rental property at the age of 24, built my home at 25, and purchased another property at 26. There is something about owning multiple properties that always gave me such excitement. My second business came about as a response to something that happened to me. I was a victim of identity theft and had to work personally for many years to clear up my credit and regain my identity. I have seen what the damage can do, and after studying and getting my own score above 740, I’ve set out to help others do the same.”

Like most business owners, Michelle has faced some challenges along her journey. The first and biggest challenge she shared was finding new clients without being one of those large household names. “I had to work hard every day to bring as much attention to my business as possible. Another challenge was finding help with running my business. That issue was easily resolved after hiring family and close friends, which allowed them to be a part of the journey of helping others,” she says.

Moving forward, Michelle says her goal is to acquire five multi-family homes by 2023 and at least three more Airbnb properties by the end of this year. She has already set a goal to help one hundred credit families get the credit score they deserve. “My ultimate plan is to keep changing lives,” she says.

Michelle has one son, Jeremiah, who she professes is her rock and greatest motivation.

This article is from: