Flip Men: Difference between revisions

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A neighbor introduced Clark to producer Danny Thompson, who helped Clark and Baird make videos about their endeavors as professional house flippers, in an online series titled ''Foreclosure Boys''.<ref name="mumberger">Mary Umberger, [http://www.inman.com/2011/11/30/spike-tvs-flip-men-more-750-houses-bought-and-sold/ “Spike TV’sTV's ‘Flip Men’: more than 750 houses bought and sold,”] [[Inman News]], November 30, 2011.</ref><ref name="lvrupard">Lorri Vodi Rupard, [http://www.saltmediallc.com/4/post/2012/11/flip-mens-doug-clark-im-a-risk-taker-who-got-lucky.html “Flip Men’sMen's Doug Clark: I’mI'm a risk taker who got lucky,”] {{Webarchive|url=https://web.archive.org/web/20140225050351/http://www.saltmediallc.com/4/post/2012/11/flip-mens-doug-clark-im-a-risk-taker-who-got-lucky.html |date=2014-02-25 }} Salt Media, November 20, 2012.</ref> They created approximately 90 videos over an 18-month period, which led to an introduction to [[Dave Broome]] (creator of ''[[The Biggest Loser (U.S. TV series)|The Biggest Loser]]''), who would go on to create and executive produce ''Flip Men''.<ref name="mumberger"/> At the time, there was an excess of foreclosed houses on the market,<ref name="jgaskar">Jamshid Ghazi Askar, [http://www.deseretnews.com/article/700192210/From-flipping-homes-to-stars-of-reality-show-Flip-Men.html?pg=all “From flipping homes to stars of reality show ‘Flip Men’,”] ''[[Deseret News]]'', October 27, 2011.</ref> following the [[Financial crisis of 2007–08|financial meltdowns of 2008]].<ref>Tom Conroy, [http://www.medialifemagazine.com/flip-men-been-there-done-that/ “’Flip Men,’ been there, done that,”] ''[[Media Life]]'', October 24, 2011.</ref>

Shot on location in and around [[Salt Lake City, Utah]], the unscripted half-hour series follows Clark and Baird as they purchase foreclosed houses at bidding auctions and quickly fix them up to get them back on the market and turn a profit.<ref name="moconnell"/> They also renovate and hold some houses, waiting for the value to go up further. They have no legal right to enter a house until they win the house at auction.<ref name="mumberger"/> When entering a house for the first time, they often have to kick the door down, since the houses don’tdon't come with keys.<ref>[https://abcnews.go.com/Nightline/video/tackling-messy-foreclosure-market-15052764 “Tackling Foreclosures,”] [[ABC News (United States)|ABC News]], November 29, 2011.</ref> Items Clark and Baird have found inside the homes include thousands of bees, wedding dresses, vehicles and television sets, as well as a house that was formerly a meth lab.<ref name="moconnell"/><ref>Neil Genzlinger, [http://artsbeat.blogs.nytimes.com/2011/10/25/channel-surfing-flip-men-vs-ratholes/?_php=true&_type=blogs&_php=true&_type=blogs&_r=1 “Channel Surfing: ‘Flip Men’ vs. Ratholes,”] ''[[New York Times]]'', October 25, 2011.</ref> They are able to make quick purchasing decisions based in large part on their understanding of specific neighborhoods and their values.<ref name="dwotapka">Dawn Wotapka, [https://blogs.wsj.com/developments/2012/08/09/qa-house-flipping-still-at-home-on-reality-tv/ “Q&A: House Flipping Still at Home on Reality TV,”] ''[[Wall Street Journal]]'', August 9, 2012.</ref> When a foreclosed house doesn’tdoesn't sell at auction, it is almost always subject to bank repossession, widely considered to be a negative result because banks are typically slower at turning around a foreclosed property.<ref name="jgaskar"/>

Clark was born and raised in [[Murray, Utah]].<ref name="jgaskar"/> After graduating from the [[University of Utah]] with a degree in economics and science,<ref name="clarkbio">[http://www.spike.com/shows/flip-men/bios/doug-clark “Flip Men Bios: Doug Clark,”] [[Spike (TV network)|Spike]]. Retrieved February 10, 2014.</ref> he became a commercial airline pilot for [[SkyWest Airlines]].<ref name="lvrupard"/> As a pilot, he found himself with a lot of free time, and became interested in learning more about the real estate business.<ref name="lvrupard"/><ref name="mepodmolik">Mary Ellen Podmolik, [httphttps://articleswww.chicagotribune.com/2012-/10-/04/classified/ctproperty-mreflipping-1007regains-podmoliktraction-homefront-20121004_1_home-pricesin-chicago-area-price-per-square-foot/ “Property flipping regains traction in Chicago area,”] ''[[Chicago Tribune]]'', October 4, 2012.</ref> After meeting Baird at a real estate auction, they formed Equity Capital Group in 2005.<ref name="mepodmolik"/> Clark continued to work as a pilot part-time until 2011, when he decided to focus solely on real estate.<ref name="clarkbio"/> Since 2005, his companies Equity Capital Group and Clark Venture Capital have purchased nearly $50&nbsp;million in property.<ref name="clarkbio"/> Clark has said that while location is the most important factor in real estate, the most important factor in flipping is price.<ref name="mepodmolik"/><ref>David J. Cross, [http://www.huffingtonpost.com/david-j-cross/flip-men_b_1734944.html “Spike TV’sTV's Flip Men: Secrets to Turning a Profit,”] ''[[Huffington Post]]'', August 6, 2012.</ref>

Baird grew up in [[San Diego, California]],<ref name="dwotapka"/> and graduated from [[Brigham Young University]]'s [[Marriott School of Management]] with a BA in business management in 2002.<ref name="jgaskar"/> He then began to learn about home maintenance and repair, and started investing in real estate.<ref name="mumberger"/><ref name="mepodmolik"/> He is the owner of Baird Investment Properties and Equity Capital Group.<ref>[http://www.spike.com/shows/flip-men/bios/mike-baird “Flip Men Bios: Mike Baird,”] Spike. Retrieved February 10, 2014.</ref> Mike is also known for Founding the Smarter Real Estate Tribe and.<ref> [http://www.smarterrealestatetribe.com a national real estate investment consulting firm.]</ref>

[[Category:American English-language television shows]]