# FlutterPads

A flexible extended-stay rental marketplace backed by its own properties.

- Canonical URL: https://wefunder.com/flutterpads.inc
- Entity ID: wefunder:company:148972
- Last updated: 2026-06-05T05:01:05Z
- Generated at: 2026-06-05T08:29:04Z

## Quick facts
- $11 million in assets under management and $700k in annualized revenue within the first 18 months*
- 85% occupancy rate, 100% satisfaction for value, location, and service quality per internal metrics
- We build, manage, buy/sell units while offering a membership-based online rental marketplace.
- Rental marketplace website and iOS/Android apps are scheduled to be live by May 15, 2024.

## Active fundraises
- wefunder:fundraise:104776: 4(a)(6) successful (USD)
- wefunder:fundraise:104775: 4(a)(6) successful (USD)

## Story
$11 million in AUM and $700,000 in annualized revenue within the first 18 months with zero ad spend and zero customer acquisition cost. All in only a single test market, Los Angeles.&nbsp;85% Occupancy rate with 100% satisfaction expressed by customers for value, location, and service quality.&nbsp;A high barrier to entry for competitors. FlutterPads can build, furnish, maintain, buy/sell, manage its units while offering a membership-based online rental marketplace.&nbsp;The FlutterPads rental marketplace website and ios/android apps are scheduled to be live by May 15, 2024.Daniel Ameer - Founder &amp; CEO&nbsp;A former banker with extensive knowledge and passion for real-estate development and finance with a history of funding residential real estate loans throughout the country. In under 2 years, he launched and validated the FlutterPads concept in Los Angeles, and is now singularly focused on unleashing the business on a planned course of mass expansion.Alexander Veselov - Co-Founder &amp; Director of Guest ExperienceAlexander boasts a track record of prioritizing customer-first service rooted in hospitality. He spent 2 years in Taiwan as the Company Performance Manager for a large theme park, overseeing staff performance quality, cohesiveness, and contentment. He then spent 7 years as the On-Board Assistant Performance Manager for Princess Cruises, where he was host to thousands of guests from all over the world all while managing everything from logistics to the training of on-board performances and performers. Ultimately, he was responsible for ensuring the joy and unforgettable memories of all guests.Braxton Huff - Director of Technology&nbsp;A self-taught prodigy since high school, Braxton has a history of corporate triumphs. This includes the redesign of the U.S. Major League Soccer’s app that boasts over 2 million users as well as complete overhaul of an app for CVS Healthcare. Braxton leverages his expertise in interface fluidity and data-driven design at FlutterPads, guaranteeing a seamless and user-centric experience for our clients.Juan Anguiano - Construction Manager&nbsp;With over two decades of technical expertise and a strong track record in project management, Juan Anguiano has solidified his status as a trusted authority in residential construction within the vibrant Los Angeles market. Juan's comprehensive oversight spans every facet of FlutterPad's property management, including Construction/Remodeling, Maintenance Staff Planning, Budgeting, and navigating City Inspections with ease.Simon Park - Chief Architect &amp; AdvisorRenowned in South Korea for his modern and breathtaking architectural designs, Simon Park moved to California nearly 20 years ago and established an office in Santa Monica. Simon’s awards and accolades as an architect led him to be selected by the Korean government to design and orchestrate the construction of the Korean Consulate Building in Los Angeles. Los Angeles Unified School District also awarded multiple new school projects to Simon’s firm based on his visionary concepts.&nbsp; Simon is revered by his clients and peers for his ability to incorporate social, ecological sustainability, and economic principles into his designs. Simon acts as the primary Adviser for construction or remodeling projects of FlutterPads.&nbsp;Andrew Mezger - D.R.E. Broker/Principal &amp; AdvisorAndrew, an experienced real estate and mortgage broker in Southern California, augments his expertise with insights gained from years dedicated to a distinguished career in industrial Supply Chain &amp; Logistics management. At FlutterPads, Andrew assumes a pivotal advisory role, spearheading real estate transactions and offering invaluable guidance on regulatory compliance, ensuring the company remains aligned with state laws and regulations.FlutterPads Inc., through its wholly-owned subsidiary, Adaptive Capital Corporation, is a Los Angeles based startup in the Extended-Stay rental space that uniquely merges the scalability of an online mass rental marketplace with the financial grounding of actual real estate assets owned. Extended-Stay rental demand exceeds $200 Billion just within the 25 metropolitans planned for FlutterPad’s current expansion footprint. High quality affordable accommodations with flexible rental terms are sought after each and every day by traveling professionals, digital nomads, students, medical treatment seekers, corporate relocations, Insurance Companies, assignment workers, and many more. FlutterPads solution fills the large void in the market created by the ultra expensive Short-Term vacation rental industry and the inflexibility and complexity of traditional Long-Term leasing that require commitment of large sums for Security Deposits and other expenses.Flutterpads not only enables property owners to list their properties for Extended-Stay rentals, but also builds, owns and operates its in-house Extended-Stay units in high demand locations that are high quality and require low maintenance. Customers can now find Extended-Stay lodgings with high standard of living, high flexibility, and affordable pricing to meet their needs.&nbsp;Millions of people travel each day for ordinary reasons that have very little to do with vacationing. These masses travel for work, school, medical treatment, family needs, testing out the quality of life in a city before making a permanent move, etc. For this enormous segment of the rental market throughout the country, housing options have been limited to either ultra expensive vacation rentals or fear inducing inflexible long-term leases with penalties and hefty deposits.FlutterPads brings to market a network of affordable, flexible term, fully furnished accommodations in prime metropolitan locations without breaking the bank as vacation rentals do, or imprisoning a renter with restrictive and punitive long-term leases. We have diversified revenue streams, unlike our competitors that are strictly transactional platforms. Our diverse revenues come from:Rental income from in-house assets&nbsp;Membership fees from subscribed membersTransaction fees from all users of our platformFull-service property management fees“Turn Key” full service furnishing feesRevenue sharing agreements with an ecosystem of home services providersAsset Revaluation Income from our real estate holdings value appreciationTraveling professionalsRemote workersHome owners going through planned or unplanned residency transitionsMedical treatment travelersUniversity studentsPeople taking the first transitional step to relocate to a new city permanentlyThe compounding factors of housing unaffordability and inventory shortages are ballooning the sheer size of "life experience” focused renters who are prioritizing living standards and mobility and delaying property ownership, resulting in sustained growth of flexible rental demand nationwide.FlutterPads is a timely and essential solution amidst converging crises – housing, economic, supply chain, and socio-economic shifts. The company provides a sustainable solution, offering affordable and flexible housing options for a significant portion of the country’s overall rental customer base that has always existed in the past and is now ballooning in size more than ever.FlutterPad’s membership subscribed users can expect a network of affordable, high quality, fully furnished rentals for their Extended-Stay needs. Our Features &amp; Benefits are listed below:No expensive rates and commissions unlike vacation rental platforms.No large security deposits or hefty early termination fees of long-term rentals.High standard of living with extraordinary guest servicing.&nbsp;Flexibility for renters to move in or move out as desired (1–3 month terms per booking).&nbsp;Dynamic rental pricing year-round that allows maximization of income for Hosts.&nbsp;Properties preserved in pristine condition with regular upgrades and maintenance.&nbsp;Community of renters &amp; owners that creates a feedback loop for improvements.&nbsp;&nbsp;Discounts on future partner products and services.The demand for Extended-Stay rentals is estimated to be more than $200 Billion annually in just the 25 metropolitan locations FlutterPads plans to enter.&nbsp;&nbsp;The Tangible Addressable Market is over $120 Billion in the first 13 metropolitan markets slated for Phase-1 of FlutterPad’s expansion.FlutterPads’ product demand is being further accelerated by the unaffordability and low inventory of starter homes, drastic increase in mortgage rates, and widespread adoption of work-from-home.&nbsp;Future projections are not guaranteedOver $700,000 in diversified annualized revenue within the first 18 months with zero advertising budget.Average booking length of 45 days with average revenue value of $6,500 per stay.A wide spectrum of customer profiles from traveling medical staff to performance artists.Zero dollars spent on customer acquisition, SEO, or referral marketing of any kind.100% guest satisfaction expressed by customers related to pricing, value, and locations.Our enthusiastic customer base consists of a broad variety of renter types including entertainment artists, healthcare professionals, digital nomads, international corporate assigned professionals, and many others from everyday walks of life. All of these guests of FlutterPads love the company’s concept, execution, and value.See What Our Guests Have To Say!Future projections are not guaranteedFully optimized platform for intuitive booking experience and membership renewals.&nbsp;Planned integration with Car Sharing services, Concerts/Theatre/Events platforms.&nbsp;Planned creation of an “In-Network Used Items Marketplace” for Network Guests to BUY/SELL items from one another to help meet their needs during their Move-Ins and Move-Outs.Planned addition of a “Wish List” feature on our booking map where guests can click on any area of the map of a given city where FlutterPads operates to tell us where they would love to stay. This feature will help us with property acquisition targeting and data tracking of customer demand.The above projections are not guaranteed.Our battle-hardened industry veteran team is our most valuable competitive arsenal. We are a uniquely comprehensive Industry-Vertical enterprise with technical, operational, and financial infrastructure in place that our competition simply cannot replicate. Each member of our team deploys a vast cache of professional experience, totalling 75 years of collective experience that is backed by unwavering dedication to our vision for FlutterPads brand recognition for quality and value. Our investor perks are practical and fun. We plan to offer the following benefits:1. Register at the $500 tier: Receive a "FlutterPads Co-Founder" T-shirt2. $2,500 Tier: Receive access to our quarterly investor catchup call. 1 free night stay at any of our properties. Includes all previous perk tiers.3. $5,000 Tier: 2 free nights stay at any of our properties. Includes all previous perk tiers.4. $10,000 Tier: Exclusive Dinner with founders at one of our properties. A $50 Uber gift card. Includes all previous perk tiers.5. $15,000 Tier: Free stay at any one of our properties for 1 week plus a free premium 1 year membership. A $100 Uber gift card includes all previous perk tiers.—- FOR WEFUNDER specific USE OF FUNDS —-55% funds raised used for retiring high interest construction loans35% funds raised used for new acquisitions in Los Angeles10% funds raised used for technology, marketing, and property furnishings*FlutterPads began operating without officially incorporating the underlying Delaware C-Corp in the second quarter of 2022 using the FlutterPads branding.&nbsp; 2022 was the transition year when Adaptive Capital pivoted its historical business from being a Real Estate Developer to Extended Stay rental operations.&nbsp; The 18 months of performance tracking referenced in our investor literature takes into consideration the actual FlutterPads branded operations starting in the second quarter of 2022.

## FAQ
1. **Great concept. Your prices are quite exorbitant and given the information provided by your target audience, you must be targeting those who are independently wealthy. The median price I see to rent a property on your website is $4000-$6000 a month. I cannot expect a college st...**
   - Hi Earl. Thanks very much for taking the time to ask these questions. Here are some insights: THE RENTAL CUSTOMER BASE WE SERVE You may be comparing our services to traditional long term rentals where tenants move into a vacant rental unit generally with no utilities included, plus up front security deposit requirements. &nbsp;That is NOT our customer segment. We operate in the Fully Furnished Temporary Extended-Stay Rental Industry&nbsp; (30-150 days) with all utilities, internet, and even b...
2. **Hello, When can we receive our T-Shirts ?**
   - Hi Ash! We are so glad to hear from you! Thanks for following up on your long overdue company T-shirt that each of us at FlutterPads wear with pride to work everyday. First of all, please accept our immense apologies for the months long delay in our shipping of T-shirts to our beloved backers since we closed out our first ever crownfunding campaign. Secondly, we would love to send you two T-shirts instead of one that you can share with someone else. You will be receiving an email from one of ...

## Team
- Daniel Ameer (Founder/CEO )
- Alexander Veselov (Co-Founder & Director of Guest Experience)
- Braxton Huff (Director of Technology )
- Juan Anguiano (Construction Manager )
- Simon Park (Chief Architect & Advisor)
- Andrew Mezger (D.R.E. Broker/Principal )
- Daniel Ameer (Founder/CEO)

## Q&A
- Q: How can you claim that flutterpads is the first of its kind? You’re providing a service that AirBnB, VRBO, many other platforms, and extended stay hotels already offer and adding the cost of acquiring the real estate, furniture, and management and then renting it out for a lower rate than the competition. Many other companies have tried this and FAILED! What are you doing differently that will allow you to be successful? There’s a reason these companies don’t want to acquire their assets. It takes a TON of capital! This is a real estate business, and not a high-growth startup as the valuation suggests.
- Q: Thanks !! My email is ashghogale@gmail.com
- Q: Hello, When can we receive our T-Shirts ?
  - A: Hi Ash! We are so glad to hear from you! Thanks for following up on your long overdue company T-shirt that each of us at FlutterPads wear with pride to work everyday. First of all, please accept our immense apologies for the months long delay in our shipping of T-shirts to our beloved backers since we closed out our first ever crownfunding campaign. Secondly, we would love to send you two T-shirts instead of one that you can share with someone else. You will be receiving an email from one of our team members shortly requesting instructions on what sizes of the shirts you prefer and where to ship them. Lastly, to share with you the special update that will make you proud to be our beloved backer and to wear our company shirt: FlutterPads jumped into action within the first two days of the devastating fires in Los Angeles by doing volunteer fire suppression work at properties of our Hosts and different fire impacted neighborhoods, providing emergency home services, and collecting donations of drinking water, blankets, and other items for distribution. We recently set up a GoFundMe campaign for our operations staff and other volunteers to continue providing free flammable debris removal work throughout the city to do our part in stopping the spread of this horrible fire. Wish us luck as we march forward this year in pursuit of our company's next chapter as our home city of Los Angeles recovers from this historic disaster. We will stay in touch! Thank you sincerely, From Everyone at FlutterPads!
- Q: Great concept. Your prices are quite exorbitant and given the information provided by your target audience, you must be targeting those who are independently wealthy. The median price I see to rent a property on your website is $4000-$6000 a month. I cannot expect a college student to afford this on scholarships and loans only. There are a lot of nurses who travel as well. Have you looked into median income for such professionals in the areas you currently serve? Please help me understand how this is sustainable for you to make money at your current prices? Also, you are only located in LA now from what I see. What are the plans for expansion to other Metropolitan areas as you state in the video opening? Finally, are any of your properties currently rented? I'm interested but I need these questions answered. Thanks.
  - A: Hi Earl. Thanks very much for taking the time to ask these questions. Here are some insights: THE RENTAL CUSTOMER BASE WE SERVE You may be comparing our services to traditional long term rentals where tenants move into a vacant rental unit generally with no utilities included, plus up front security deposit requirements. &nbsp;That is NOT our customer segment. We operate in the Fully Furnished Temporary Extended-Stay Rental Industry&nbsp; (30-150 days) with all utilities, internet, and even basic kitchen and bathroom supplies provided in addition to discounted on-demand cleaning services. &nbsp;If you are a traveling nurse, student, patient, or an independent professional in an urgent need for a flexible extended stay, your options in the rental market are quite limited and sub-optimal. &nbsp;You can either rent a place on a nightly basis for very expensive rental rates and commissions through vacation rental marketplaces, or you may have to resort to the generic Extended-stay Hotels/Motels that are usually located in poor commercial zones of cities and have limited amenities for a comfortable ordinary extended stay. &nbsp;Renting through a traditional long lease with a 6-12 months mandatory lease agreement for a vacant unit is also not something that our customer base would even consider as a solution for their urgent and flexible extended-stay needs. &nbsp; RENTAL ECONOMICS IN OUR TEST MARKET OF LA In our first market of Los Angeles, the average rental rate for traditional vacant/unfurnished units located in mid-upper middle tier city center locations with no utilities included are as follows: Traditional Long Term Leases &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;FlutterPads Average Rates Studio Apt: &nbsp;$2,000-$2,500 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Studio Apt: &nbsp;$3,000 - $3,500 1 Bd Apt: &nbsp;$2,500 - $3,000&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;1 Bd Apt: &nbsp; &nbsp; &nbsp;$3,500 - $3,800 2 Bd Apt:&nbsp; $2,800 - $3,600&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;2 Bd Apt: &nbsp; &nbsp; &nbsp;$4,200 - $4,800 3 Bd Apt:&nbsp; $3,600 - $4,200&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3 Bd Apt: &nbsp; &nbsp; &nbsp;$4,600 - $5,500 &nbsp; Average CAP rate:&nbsp; 2.8% - 4.25%&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Average CAP rate:&nbsp; 6.5% - 7.25% INDICATORS OF OUR SUSTAINABLE RENTAL MODEL&nbsp; * 85%+ occupancy rate holding firm. * 20% increase YoY in "re-bookings" by existing guests.&nbsp; * 35% increase YoY in guests finding FlutterPads listings on AirBnB and requesting to book directly with FlutterPads and bypassing AirBnB's platform.&nbsp; OUR BUSINESS MODEL Our current business model is a precursor to its fully developed future state. It is quite a bit more dynamic and extensive than just being reliant on Rental Rates and Rental Income from our in-house portfolio holdings. &nbsp;We are building the Extended-Stay industry's first vertically integrated Manufacturing, Retailing, and Distributorship ecosystem that builds and sells fully operating properties to extended-stay rental property hosts, retails rental units to rental consumers on our open market rental platform just as Airbnb/VRBO does, and distributes products and services of our partnership network of high quality and discounted home goods and services vendors (anything from cleaning services to mortgages) to all property hosts and guests in our FlutterPads membership program.&nbsp;&nbsp; OUR HOLDINGS AND NETWORK * 14 units in our in-house portfolio&nbsp; *&nbsp; 8 external host owned units in our network.&nbsp; *&nbsp; 20 units are currently active rentals&nbsp; *&nbsp; 14 more externally owned LA based units are expected to join by the end of the year.&nbsp; &nbsp; OUR EXPANSION PLAN Yes, we are currently operating solely in our first test market of Los Angeles, but we are targeting the 25 highest density cities coast to coast in the next 5 years. The deployment of our fully developed online open marketplace where Hosts can upload their property listings on their own, will immediately expand our property network to all of our targeted cities ahead of our planned expansion of in-house portfolio holdings in those metros.&nbsp; Thanks once again for giving us the opportunity to share this information. FlutterPads Team
- Q: This is
- Q: Hello ! Any financials on Q1 ? Regards Richard Clement