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OUR TEAM

Experts in Acquisition, Collaboration and Management of Apartment Investing

Elam King

Founding Partner

Elam King brings a unique blend of trades expertise, creative real estate insight, and heart-driven entrepreneurship to the Funvest team. With a background rooted in the trades and over 20 years of hands-on construction and renovation experience, Elam transitioned into real estate investing in 2007 with a house-hack project that yielded over $100K in gains.

Since then, he has acquired, rehabbed, furnished, and managed over 30 properties valued at approximately $15 million—many as high-performing short-term rentals. An Airbnb Superhost with a 4.8-star rating, Elam has hosted nearly 10,000 stays across urban and rural markets, generating over $5 million in bookings.

He thrives on transforming distressed properties into guest-worthy homes and believes strongly in real estate’s ability to generate both wealth and long-term community impact. Elam’s passion lies not only in the numbers but in creating meaningful investor journeys and delivering authentic results. He’s a visionary, driven by the belief that business should not only be profitable but serve as a platform to positively impact others.

Steve Richerson

General Partner & Asset Manager

Stephen Richerson is a seasoned real estate investor, project manager, and investment strategist with over 20 years of experience in remodeling and property acquisitions. He began his real estate career after founding a successful, award-winning remodeling company in 2006.

Known for his sharp eye for detail, budgeting discipline, and design-forward execution, Stephen has since managed dozens of fix-and-flip projects with consistently high ROI. Stephen is the founder of the Carolina Wealth Alliance, a real estate education community where he has mentored investors and hosted over 50 investor seminars.

He brings a rare combination of construction know-how, financial acumen, and people-focused leadership. His track record includes scaling revenues from $150K to over $1.4 million within 24 months, all while maintaining strong profit margins.

As a natural educator and communicator, Stephen is passionate about investor relations, fundraising, and maximizing returns on every deal.

Donny Coran

Acquisition Strategist & Deal Flow Expert

Donny Coram is a prolific real estate entrepreneur with over 400 fix-and-flip projects under his belt, primarily in the Colorado market. Known as the “Foreclosure King,” Donny has built a career on sourcing, acquiring, and transforming distressed properties into profitable investments.

His company, Diamond Homebuyers, creates consistent off-market deal flow, while his signature educational platform, the Foreclosure Profit System, empowers over 40 active clients to execute their own deals. With 20 years of experience and a relentless drive, Donny has scaled multiple ventures, from managing six construction crews to leading a real estate brokerage team of 10 agents.

He’s a licensed general contractor, real estate appraiser, and recently passed his Series 65 exam to become a registered investment advisor. Donny’s leadership, deep market knowledge, and passion for helping others achieve financial freedom make him an invaluable force behind Funvest’s success.

Track Record

Airbnb Hosting

☆ We’ve Walked the Path — And Built It Ourselves

At Funvest, we don't just raise capital — we put it to work through projects we understand from the inside out. Our leadership team has been in the trenches for over two decades, building, flipping, and managing real estate across multiple markets and economic cycles.

☆ 400+ Fix-and-Flips Executed

Primarily led by Donny Coram in Colorado through Diamond Homebuyers, with a signature system that sources distressed assets others miss.

☆ $15M+ in Real Estate Under Management

Elam King’s track record includes 30+ properties transformed and managed, many as Airbnb Superhost-level short-term rentals.

☆ Award-Winning Execution

Stephen Richerson has led dozens of profitable renovations, won multiple “Best in Service” contractor awards, and even had a featured project filmed for HGTV’s Zillow Gone Wild.

☆ Hands-On Leadership

This is a team that’s framed walls, managed contractors, and turned stalled properties into success stories — not just analysts behind a desk.

☆ Impact Beyond the Numbers

From helping sellers avoid foreclosure to providing work for dozens of tradespeople per project, our investments have created measurable, real-world value.