Flip Men

Last updated
Flip Men
GenreReality
StarringMike Baird
Doug Clark
Theme music composerJeff Lippencott
Mark T. Williams
Country of originUnited States
Original languageEnglish
No. of seasons2
No. of episodes22
Production
Executive producer Dave Broome
Camera setupPanasonic AJ-HDX900
Production company25/7 Productions
Release
Original network Spike
Original releaseOctober 25, 2011 (2011-10-25) 
September 23, 2012 (2012-09-23)

Flip Men is an American reality television series starring Mike Baird and Doug Clark that premiered on Spike on October 25, 2011, and ran for two seasons. The series follows Baird and Clark as they purchase foreclosed houses at auction, remodel the homes and sell them for return profits.

Contents

History

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. [1] [2] They created approximately 90 videos over an 18-month period, which led to an introduction to Dave Broome (creator of The Biggest Loser ), who would go on to create and executive produce Flip Men. [1] At the time, there was an excess of foreclosed houses on the market, [3] following the financial meltdowns of 2008. [4]

Flip Men premiered on Spike on October 25, 2011. [5] It was picked up for a second season on January 31, 2012, [5] with the season two premiere airing on August 5, 2012. [6] The final episode aired in the US on September 23, 2012. On January 10, 2012, Electus announced that it had secured the series to be broadcast internationally. [7] The series first aired in Australia on One in October 2012. On January 7, 2014, the series started airing on Dave in the UK. [8]

Overview

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. [5] 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. [1] When entering a house for the first time, they often have to kick the door down, since the houses don't come with keys. [9] 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. [5] [10] They are able to make quick purchasing decisions based in large part on their understanding of specific neighborhoods and their values. [11] When a foreclosed house doesn'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. [3]

Hosts

Clark and Baird have contrasting personalities, with Clark more spontaneous and impulsive, while Baird is more careful and analytical. [3] They often disagree over the risk involved in various properties. Prior to Flip Men, they bought and sold an estimated 750 houses in the Salt Lake City area. [1]

Doug Clark

Clark was born and raised in Murray, Utah. [3] After graduating from the University of Utah with a degree in economics and science, [12] he became a commercial airline pilot for SkyWest Airlines. [2] As a pilot, he found himself with a lot of free time, and became interested in learning more about the real estate business. [2] [13] After meeting Baird at a real estate auction, they formed Equity Capital Group in 2005. [13] Clark continued to work as a pilot part-time until 2011, when he decided to focus solely on real estate. [12] Since 2005, his companies Equity Capital Group and Clark Venture Capital have purchased nearly $50 million in property. [12] Clark has said that while location is the most important factor in real estate, the most important factor in flipping is price. [13] [14]

Mike Baird

Baird grew up in San Diego, California, [11] and graduated from Brigham Young University's Marriott School of Management with a BA in business management in 2002. [3] He then began to learn about home maintenance and repair, and started investing in real estate. [1] [13] He is the owner of Baird Investment Properties and Equity Capital Group. [15] Mike is also known for Founding the Smarter Real Estate Tribe and. [16]

Episodes

Season 1

No.TitleOriginal air date
1"Meth House"October 25, 2011 (2011-10-25)
2"Gang House"November 1, 2011 (2011-11-01)
3"Flood House"November 8, 2011 (2011-11-08)
4"Mystery House"November 15, 2011 (2011-11-15)
5"Masturbation Station"November 22, 2011 (2011-11-22)
6"Suicide"November 29, 2011 (2011-11-29)
7"Bombs Away"December 6, 2011 (2011-12-06)
8"Sinking Home"December 6, 2011 (2011-12-06)
9"Maggot House"December 13, 2011 (2011-12-13)
10"Mike Fights Doug"December 13, 2011 (2011-12-13)
11"Death Trap"January 3, 2012 (2012-01-03)
12"Million Dollar Money Pit"January 10, 2012 (2012-01-10)

Season 2

No.TitleOriginal air date
1"Jacked By Thieves"August 5, 2012 (2012-08-05)
2"Drive Through Meth Lab"August 5, 2012 (2012-08-05)
3"Bee House"August 12, 2012 (2012-08-12)
4"Hoarder House"August 12, 2012 (2012-08-12)
5"The Stench"August 19, 2012 (2012-08-19)
6"Polygamist House"August 26, 2012 (2012-08-26)
7"Bloody Crime Scene"September 9, 2012 (2012-09-09)
8"The Bet"September 16, 2012 (2012-09-16)
9"Doug Vs. The Building Inspector"September 23, 2012 (2012-09-23)
10"A Huge Mistake"September 23, 2012 (2012-09-23)

Related Research Articles

A mortgage is a legal instrument of the common law which is used to create a security interest in real property held by a lender as a security for a debt, usually a mortgage loan. Hypothec is the corresponding term in civil law jurisdictions, albeit with a wider sense, as it also covers non-possessory lien.

<span class="mw-page-title-main">Foreclosure</span> Legal process where a lender recoups an unpaid loan by forcing the borrower to sell the collateral

Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.

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<span class="mw-page-title-main">Real estate investing</span> Buying and selling real estate for profit

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Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. A foreclosing beneficiary will typically set the opening bid at such an auction for at least the outstanding loan amount. If there are no interested bidders, then the beneficiary will legally repossess the property. This is commonly the case when the amount owed on the home is higher than the current market value of the foreclosure property, such as with a mortgage loan made at a high loan-to-value during a real estate bubble. As soon as the beneficiary repossesses the property it is listed on their books as REO and categorized as an asset..

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A deed of trust refers to the legal instrument which is used to create a security interest in real property and real estate. Wherein legal title in real property is transferred to a trustee, which holds it as security for a loan (debt) between a borrower and lender. The equitable title remains with the borrower. The borrower is referred to as the trustor, while the lender is referred to as the beneficiary.

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<span class="mw-page-title-main">Bid4Assets</span> American online real estate auction website

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Flipped Off is an American reality television series on A&E that debuted April 28, 2012. The series features four-time Survivor contestant Russell Hantz, his brother Shawn Hantz, and real-estate agent Kristen Bredehoeft as they "flip" properties around the Houston area in an attempt to make a profit.

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Doug Clark is an American real estate investor and TV personality. Before getting into real estate, Doug also worked as an airline pilot. Between 2011 and 2012, he was featured on the Spike TV reality television series Flip Men alongside co-host Mike Baird. The series follows Baird and Clark as they purchase foreclosed houses at auction, remodel the homes, and sell them for return profits.

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References

  1. 1 2 3 4 5 Mary Umberger, “Spike TV's ‘Flip Men’: more than 750 houses bought and sold,” Inman News, November 30, 2011.
  2. 1 2 3 Lorri Vodi Rupard, “Flip Men's Doug Clark: I'm a risk taker who got lucky,” Archived 2014-02-25 at the Wayback Machine Salt Media, November 20, 2012.
  3. 1 2 3 4 5 Jamshid Ghazi Askar, “From flipping homes to stars of reality show ‘Flip Men’,” Deseret News , October 27, 2011.
  4. Tom Conroy, “’Flip Men,’ been there, done that,” Media Life , October 24, 2011.
  5. 1 2 3 4 Michael O’Connell, “Spike TV Renews ‘Flip Men’ for Second Season,” The Hollywood Reporter , February 1, 2012.
  6. “Bar Rescue, Flip Men: Spike TV Revises Season Two Dates,” tvseriesfinale.com, July 16, 2012.
  7. "Electus Secures Global Distribution Rights for Spike TV's Reality Television Series Flip Men, American Digger and Car Lot Cowboy" . Retrieved November 13, 2012.
  8. "Flip Men | Dave Channel". dave.uktv.co.uk. Retrieved May 16, 2015.
  9. “Tackling Foreclosures,” ABC News, November 29, 2011.
  10. Neil Genzlinger, “Channel Surfing: ‘Flip Men’ vs. Ratholes,” New York Times , October 25, 2011.
  11. 1 2 Dawn Wotapka, “Q&A: House Flipping Still at Home on Reality TV,” Wall Street Journal , August 9, 2012.
  12. 1 2 3 “Flip Men Bios: Doug Clark,” Spike. Retrieved February 10, 2014.
  13. 1 2 3 4 Mary Ellen Podmolik, “Property flipping regains traction in Chicago area,” Chicago Tribune , October 4, 2012.
  14. David J. Cross, “Spike TV's Flip Men: Secrets to Turning a Profit,” Huffington Post , August 6, 2012.
  15. “Flip Men Bios: Mike Baird,” Spike. Retrieved February 10, 2014.
  16. a national real estate investment consulting firm