Thanks for joining us. In a few minutes, were gonna take you inside two truly unbelievable homes. But first, i want to introduce you to a couple stuck in a property nightmare. Which one are you looking for, jacob . Let me tell you the story of mark and yessenia. Go like this. Theyre a typical young couple. Theyre trying to raise a family and provide for their children. Weve been married for seven years. Currently, im a firefighter with the city of henderson fire department. Yessenia is a stayathome mom right now with our three boys and running the household for us. We bought our first home in 2006. After we got married, we started our family and decided we needed to get into a bigger home. Throw it we were running out of room, and, at the time, the market wasnt the best for us to sell the house that we were in, so we decided to use it as a rental property. It was about three years of living into that house, and i lost my job. Once we realized my job alone wasnt gonna handle both the mortgages on the properties, we went to the bank to see if we could get a loan remodification or whatever processes they had at the time. They contacted the lenders. They wanted to try to save their homes. People who, their whole life, had great Credit Ratings they were being told, the only way to save your home is go late on payments. We were pretty much told that we were making our payments on time, so there was nothing they could do for us, but if we went delinquent and stopped paying, after six months, theyd reassess the situation and go from there, but they still couldnt give us a guarantee that thered be something they could do to help us. So many good people that bought the homes in good faith in 06 are now being asked to ruin their credit in the hopes only the hopes of saving their home. So, what did they do . Mark and yessenia contacted a lawyer, looking and hoping for help. We were told it was in our best interest to file a chapter 7 bankruptcy, to surrender both properties, and begin to reestablish our credit and our family. They filed a chapter 7 bankruptcy. They thought at that time that once a bankruptcy was over that they could move on with their life and eventually buy a home. So they moved in to a rental property and spent three years saving money and repairing their credit before trying to start over. Look, cruz. Want to play . We figured that houses would be sold and would be out of our name and we would wait our appropriate amount of time before we started searching for another house. But, suddenly, they discovered a problem. The home they gave up in the bankruptcy three years ago was never actually sold by the bank. The title of the house lists mark as the property owner. When i contacted bank of america, they said that bank of america rescinded on the foreclosure process. The title to the property was never taken out of their name. Its what we call a zombie foreclosure or zombie title. In other words, the lender, to this day, still has not foreclosed on that property, and what that means for mark and yessenia they cannot buy a property, a new home, to house their family until that lender decides to foreclose on that property, and they find themselves stuck in time. We dont technically owe the note on the home, and bofa doesnt technically have the note, but its still the title is still in marks name. For every problem, theres a solution. Were gonna sit down and listen to their story, and im gonna give them some resolution to get them out of this mess so they can rebuild their dream. Hey [ chuckles ] what are you doing back there . Hey, mark. Hey, bob. Good to see you. How are you, yessenia . Hello. Hey, honey. What did it make you feel like when they told you that you had to go delinquent, if you will, on your payments in order to even be considered . It was a hard pill to swallow, cause we had taken pride in, you know, providing for our family and doing all the right things and establishing our credit and not walking away from a liability and our responsibilities. We wanted to stay in that home. We loved that house. So, at some point, you approached a bankruptcy lawyer. He had told us that this was going to give us a fresh start, that we were going to be able to have those properties out of our names and the debt out of our name and we would be able to, in a few years, as long as we tried to reestablish our credit and save some money for a down payment, wed be able to buy a house again. Its been three years that this house has supposedly not been our responsibility. Now, three years later, were having to deal with trying to figure out what to do. This problem can be solved. But first i needed to see this property for myself. So, here we are at 9498. This is the property you thought was surrendered, and this is the property thats still in your name, right . Yes. Right. All right. Lets go in. Lets take a look. If you would have realized that it was still in his name, im assuming the condition of the house you would have changed and tried to rent it out again. Yeah, absolutely. We wouldnt have let any of this happen, and we would have hopefully had somebody in here that would have taken care of the house. At this point, were willing to do almost anything to just get the house sold. We talked to the gentleman from the Collection Agency that purchased the loan. We asked him, when are you gonna foreclose on the property . He said, we cant. Were just a Collection Agency. I dont even know where were gonna go from here. Do you have any motivation just to sort of fix it up and say, hey, lender, until you take it, im gonna rent my house out and make some money . Weve thought about it a great deal spend 5 or 6 grand as an investment, throw it back in here, and throw a renter in here till someone says, leave. Now that ive seen the property, the first thing that comes to my mind is the short sale. By definition, a short sale is where you sell it for less than what the debt is. There is no debt. I think that puts you in a huge advantage because now, since the lender has done nothing for three years, you may have a trump card to get rid of this home and get it out of your name. The other thing is i really still believe that either through the bankruptcy court, which takes a little more time, or just deeding the property back to the lender or the servicer of the loan, is definitely an alternative. What we want to try to do is keep it out of court, because, number one, its timeconsuming. You dont have to spend any money. So, i think were gonna approach this in a very practical way. Whats the quickest way to get this nightmare behind you so you can start rebuilding your dream, own a home in another year, and then move on with your life . So, will they be able to escape from zombie foreclosure . Were gonna follow mark and yessenias story, and in a few weeks, ill check in with them and ill let you know how theyre doing. Next, im gonna show you two of the hottest properties in las vegas. How bout this basketball court, wine cellar . Believe it or not, theyre right here in las vegas. [ woman vocalizing ] its easy to think that all Money Managers are pretty much the same. But while some push High Commission investment products, Fisher Investments avoids them. Some advisers have hidden and layered fees. Fisher investments never does. And while some advisers are happy to earn commissions from you whether you do well or not, Fisher Investments fees are structured so we do better when you do better. Maybe thats why most of our clients come from other Money Managers. Fisher investments. Clearly better money management. Copdso to breathe better,athe. I go with anoro. Go your own way copd tries to say, go this way. I say, ill go my own way with anoro. Go your own way oncedaily anoro contains two medicines called bronchodilators, that Work Together to significantly improve lung function all day and all night. Anoro is not for asthma. It contains a type of medicine that increases risk of death in people with asthma. The risk is unknown in copd. Anoro wont replace rescue inhalers for sudden symptoms and should not be used more than once a day. Tell your doctor if you have a heart condition, high blood pressure, glaucoma, prostate, bladder, or urinary problems. These may worsen with anoro. Call your doctor if you have worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain while taking anoro. Ask your doctor about anoro. Go your own way get your first prescription free at anoro. Com. con artists. theyll try anything to get your Medicare Card number. So they can steal your identity, commit medicare fraud. What can you do . Guard your card . Guard your card . Just like your credit card. Nobody gets my number, unless i know they should have it. To protect your identity, new Medicare Cards without Social Security numbers will be mailed next year. Visit medicare. Gov fraud stay sharp people and im the founder of ugmonk. Before shipstation it was crazy. Its great when you see a hundred orders come in, a hundred orders come in, but then you realize ive got a hundred orders i have to ship out. Shipstation streamlined that wh the order data, the weights of , everything is seamlessly put into shipstation, so when we print the shipping ll everythings pretty much done. Its so much easier so now, were ready, bring on t. Shipstation. The number one ch of online sellers. Go to shipstation. Com tv and get two months free. Welcome back. Im bob massi, the property man. When the realestate market crashed, it took everything with it, from studio apartments to multimilliondollar mansions. But the American Dream is back, and real estate is hot again. At the end of the program, weve got some vital tips that you need to know if youre jumping back in the market. But first. If youre talking highend real estate in las vegas, well, let me tell you, youre talking for Florence Shapiro and ivan sher. This duo is responsible for listing some of the most unbelievable homes around, and they offered to show us two very different but equally stunning properties. This property has nearly 16,000 square feet under the roof. Listing price 11 million. To the left here is actually, like, an indoor outdoor pond. Yeah. Its a koi pond, and it goes right into the house. So, you have the sound of water wherever you are in this house. And immediate meditation, ivan you know, that warm feeling, home feeling. And then, as were walking in to the house, this is a very, very unique door. The home was obviously custombuilt for the owners. At the very end of the design and development and creation project, the door was unveiled to them, and, as you can see, it epitomizes the home. I mean, look at this. Look at this chandelier. Incredible absolutely incredible. Theres a peace about this property, ivan, that when you walk in, it doesnt overwhelm you. Youre immediately struck by the architecture. Yeah. You look at it, and you just youre inspired. Then you walk through the home, and you feel the light. You feel the air. You feel the zen of what it has to offer. And you come out to the backyard, and the backyard kind of cascades over. The nice thing about this is it opens up to the family room, and youve got the fireplace that looks like its outside, and the main thing in here is the glass ceilings, because the light comes in and its never right on you. Its, like, very gentle, very soft. This is a very functional type of kitchen, where its not overwhelming. No. But yet you still have the openness, where you have the dining area, you have the im sure they spend all their time like all families, right . Right in this area here. Absolutely. Absolutely. And the nice thing is look at the views you have. Yes. Thats an architect that thought about it. By the way, enjoy playing a little basketball . This house has you covered. Okay. So, there are such things as, like, basketball courts, you know, like backyard courts a little bit of cement. However. For their family, what they decided to do was what could they do to add some value for the kids . What an amenity and what a selling point for you to have. Property number 2 is like slipping in to a little piece of europe right here in las vegas. [ laughs ] this is getting to be torturous. [ laughter ] oh, my god. This 5bedroom, 5bath home has nearly 11,000 square feet of living area, and its listed only for 8. 5 million. The custom and imported finish throughout this breathtaking estate are second to none. The floor that you see is reclaimed from europe. The terra cotta that youll be walking on was brought from europe. When im walking, the first thing i notice is the ceiling. All of the detail that you see on the ceilings were handpainted on canvas. And then it was stretched in here, and the beauty is the way theyve arched the ceiling so you get that impression when you walk in. And this is in an area called southern highlands. Right. Thats correct. So, now were going out towards the swimming pool. You walk in to Certain Homes that are this large, and sometimes there isnt that feeling of warmth. This feels like a home. It feels like its lived in. As large as it is and as beautiful, it feels like a place you could bring the family, bring the kids, bring the grandkids, and have a great time. Thats right. Look at this kitchen. They have this completely open space here where people could sit and talk, and you have the view out here. And then im looking out here. Theres even a barbecue area where they can go out. Yes. What some people do incorrectly when they build a home like this is they go for the european feel but they make it heavy. Thats not whats timeless, and this home is timeless. Its interesting you say that, because i notice that, literally, from room to room, theres different woods, so its not, like, overbearing, where you get all this dark wood and the house gets dark. Like, you look at this area over here, this cupboard area. Its not like something thats so heavylooking that it overwhelms the room. So now were on the second floor of this home. By the way, it has an elevator, correct . Yes, it does. Now, explain this hallway. Basically, you have at the end a trompe loeil that looks like a library, and then you have these antique mirrors that are on the side on the walls that gives that feeling of openness. And then you have this beautiful view out here of you got to suffer through these views. Yeah, thats the problem. This is tough. Puts a lot of pressure on you at night to look at the view, looking out towards the strip and the golf course. Youll notice that theres an indoor outdoor component because its vegas. Very interesting. Because of the weather, because of the climate, the people really use the space. So, now were gonna go down to what appears to be the basement. Now, this is not your average basement, with a soundproof theater, of course, a gameroom, wine cellar a little vino and a private office. This is the gameroom. This is where you have fun. Look at this. Oh, a nice pool wine every kind of wine you could imagine. Thats right. And now we go into surely what my grandchildren would love the theater. I mean, here we go. Youve got al the warmth and the nostalgia and the european feel, but then you still dont miss on the technology. Yeah, theres nothing missing in this room. Yeah. Yeah. Congratulations on having this. Youre representing them well, believe me. Thank you. Thank you so much. Thank you very much for the opportunity. Thank you. Thank you. Up next, you hear a lot about crowd funding nowadays. But could that concept actually work in real estate . Meet a man who says it already is. [ woman vocalizing ] today, were out here with some big news about type 2 diabetes. You have type 2 diabetes, right . Yes. So let me ask you this. How does diabetes affect your heart . It doesnt, does it . Actually, it does. Type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. And with Heart Disease, your risk is even higher. You didnt know that. No. Yeah. But, wait, theres good news for adults who have type 2 diabetes and Heart Disease. Jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. Jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and Heart Disease and lower your a1c. Jardiance can cause serious side effects including dehydration. This may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. Ketoacidosis is a serious side effect that may be fatal. Symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. Stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. Symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. Do not take jardiance if you are on dialysis or have severe kidney problems. Other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Tell your doctor about all the medicines you take and if you have any medical conditions. So now that you know all that, what do you think . That its time to think about jardiance. Ask your doctor about jardiance. And get to the heart of what matters. You each drive a ford all yes. Ght . Im going to show you a next generation pickup. Awesome. Lets do this. The bed is made of highstrength steel, which is less susceptible to punctures than aluminum. Stronger the better. And best of all, this new truck is actually all laughing oh my. The current chevy silverado. Current chevy owners and lessees get a total value of tenthousand, six hundred dollars. Or, 0 financing for 72 months on this silverado all star. Find new roads at your local chevy dealer. They save us from gettingones . Lost, getting hungry, and getting tired of places like this. Phones changed everything shouldnt the way pay for them change too . Introducing xfinity mobile. Where you can pay for data by the gig, and share it across all of your lines. No one else lets you do that. See how much you can save when you pay by the gig. Xfinity mobile. Its a new kind of network designed to save you money. Call, visit, or go to xfinitymobile. Com. Welcome back. Im bob massi, the property man. Crowdfunding means raising money for a project by having a lot of different people invest. Well, the internet has enabled all kinds of things to be funded this way, from new inventions to independent movies. But now builders have turned to crowdfunding, turning people into overnight realestate investors. Is this a good thing, though . Youve seen it on indiegogo, kickstarter, sites like that, where theres been donationbased crowdfunding, charitable contributions for causes, but its now expanded. Normally, realestate investments are limited to people who are writing checks of 100,000 or more. We can take a deal, put it online, allow people to invest for 5,000 bucks. Giving an individual the chance for a few thousand bucks to own a piece of commercial real estate its really empowering. Its growing by leaps and bounds. In the past year, over 100 companies have popped up. Realty mogul, realtyshares, crowdstreet more and more realestate crowdfunding websites are popping up every day. The websites say that its bringing democracy democracy to realestate investing, enabling everyday people to invest in major building projects. Theres been a lot of frustration with wall street and banks, that theyre not lending to the right places for growth, and so the thought is that using technology to directly connect investors and borrowers it can create a more efficient process that i think will threaten the traditional centralized infrastructure. But is it really that simple . For the moment, most realestate crowdfunding is only open to socalled accredited investors. What does that mean . In short, got to have a lot of money. An accredited investor is a term defined by the s. E. C. It means an investor who has a net worth of 1 million or more or income of 200,000. But sometimes it is possible for the little guy to still participate. Fundrise recently celebrated the opening of their first ever crowdfunded project. We were the first crowdfunding platform and the only, as well, to offer an investment to nonaccredited investors. The first project, at 1351 h street northeast in washington, d. C. , we bought a 5,000squarefoot auto garage, rehabbed it, and leased it to famous local chef opened a concept called maketto. So, its a fusion kind of asian night market, retail store in the front, coffee shop upstairs. The market opened in washington, d. C. , after its construction was funded by 375 individual investors what a country we live in who put up between 100 and 10,000 each. They could invest in that project for as little as 100 bucks, which most people have never bought real estate at all, and the idea that that entry point is successful is really powerful. And this is big business. The crowdfunding website realty mogul has just invested listen to this more than 50 million from 16,000 accredited investors spread over 180 Properties Across this great country. In most cases, they invest themselves into the projects. They open it up to, at this point, only the accredited investor, with as little as 5,000. We recently raised 5 million for 3 World Trade Center. It really goes to show where crowdfunding has come since we started. You have some of the most institutional, wellrespected developers in the world using it, and you have places like 3 World Trade Center, which are iconic to everybody. What risk does that investor have . Same risk as they would if they were one person buying a piece of investment property. Its still a risky venture. Theres no guarantees. The way the payback works is, first, the bank gets paid. Then fundrise investors get in between 12 to 16 a year, and then the developer gets their upside, so the developer doesnt get any money back until were fully paid, and we like to have that level of protection for individual investors who are often just learning the process. So, you can invest as little as 5,000 and, say, for 12 to 18 months, get a return of 10 to 14 on your money, which you cant at the bank. Very shortly, itll be something thats possible for everybody, and i think thats when youre gonna see a big shift that people can actually participate in this, from the smallest levels, all over the country. Crowdfunding, zombie foreclosure, short sale well, listen, weve got a lot of information for you that you cant afford to miss. Stick around. [ woman vocalizing ] my experience with usaa has been excellent. They always refer to me as master sergeant. They really appreciate the military family, and it really shows. Weve got auto insurance, homeowners insurance. Had an accident with a vehicle, i actually called usaa before we called the police. Usaa was there handson very quick very prompt. I feel like were being handled as people that actually have a genuine need. Were the webber family and we are usaa members for life. Usaa, get your insurance quote today. The toothpaste that helps prevent bleeding gums. If you spit blood when you brush or floss you may have gum problems and could be on the journey to much worse. Help stop the journey of gum disease. Try parodontax toothpaste. Too many children in this neighborhood do not graduate from high school. The kids after school, they are alone and they have nowhere to go and we tried to solve that problem by having this wonderful place where they can be children. Wtef is the washington tennis and education foundation. We help the kids with their academics, and we teach them tennis. We have retired teachers doing the tutoring and theyre here every day. Wtef is the sole beneficiary of the citi open® tournament. Since citi® has become the sponsor of this tournament, citi® has helped us raise more funds. That means we are able to serve more children. Im so proud of the fact that 100 of the students in wtef graduate from high school. These kids are keeping the ball inside the lines. Inside the lines. Welcome back. Im bob massi, the property man. Time now for the massi memo. You know, we covered a lot of ground today, and we met mark and yessenia, a couple stuck in a zombie foreclosure. But what is a zombie . Remember, its a property vacated by the homeowner, thinking the foreclosure was going to happen, and it never did. So, in effect, its dead and buried. What could you do once you find out . Immediately contact the servicer of your loan about the zombie. Many times, these people are so far removed, you got to wake them up from the dead. If you get no response from the servicer, contact the Consumer Financial Protection Bureau and file a complaint. And, finally, if theres no action at all, please get a tough, competent realestate attorney to bring the lender back to life. We also heard about crowdfunding. Now, this allows people to be involved in causes and investments they never dreamed of, including the World Trade Center and realestate ventures and businesses. Let me break down the different types of crowdfunding. Donation a crowd gives money because they want to support a cause. Or rewardbased crowdfunding individuals form a crowd. They give money to businesses in exchange for some type of reward. And then you have the equity crowdfunding. Members of the crowd they become owners of a business, and certain type of financial guidelines must be met, including, by the way, real estate not just businesses but real estate, also. And then you have debt crowdfunding. The company solicits from their crowd money and treats it as a loan, and you get interest back. Well, thats it for today. Be sure to send me your questions or property stories at. And check out our website at. Im bob massi. Ill see you next week. [ woman vocalizing ] im bob massi. For 34 years, ive been practicing law and living in las vegas, the center of the recent realestate crisis. Lives were destroyed from coast to coast as the economy tanked. Now, well, its a different story. The American Dream is back. And nowhere is that more clear than the Sunshine State of florida. So we headed from the strip to the beach to show you how to live the American Dream. Im gonna meet real people who are facing serious problems, take you behind the gates of properties you have to see to believe, and give you the tips that Everyone Needs to navigate the new landscape because information is power. And the property man has got you covered. Thanks for joining us. Im bob massi. Im 1954, walt disney began construction on what he envisioned to be a magical place for families on the site of a former orange grove in california. Walt disney is a man who had a dream, a dream to take raw land and, with courage and conviction, build a Magic Kingdom called disneyland. Disneyland was a huge success. But walt disney knew that hardly anyone crossed the mississippi to travel to disneyland. So he needed a place on the east coast. The requirements were good weather and also a populous destination. Walt disney saw the unlimited potential of Central Florida. The area around orlando was mostly orange groves, swamps and farmland. There were only 7,500 total residents in Osceola County back in the early 60s. There werent, for miles, any utilities that people could have even connected to. Nothing but cows and oranges. With the florida turnpike and interstate 4 under construction, well, disney made his decision. But he kept it very quiet. Well, they had to buy up the land very secretly because as soon as you said disney was coming to Central Florida, the land values would have gone through the the roof. He actually formed several fictitious companies. About 36 different realestate companies, none of which knew what the others were doing. In 1964, he began quietly buying up millions of dollars worth of land a few thousand acres at a time. Without anybody really being aware of what was going on. In the beginning, there was a couple names that the project went by project x, project future and project east. These companies started purchasing 47 square miles, 30,000 acres. Twice the size of manhattan island, larger than the city of san francisco. And it was quite an epic vision that he had for what everybody else looked at to be undevelopable swampland. Eventually, word got out. Walt disney will bring a new world of entertainment, pleasure, and Economic Development to the state of florida. Unfortunately, in 1966, walt disney died. But his brother, roy disney, took over to make sure that his vision was gonna come to life. Disney convinced the state to actually turn the area into a special government district called the reedy creek Improvement District. The reedy creek Improvement District was a novel form of regulatory government. It was passed by the florida legislature. This gave disney basically the powers of an incorporated city, which is very strong. They could acquire land, levy taxes. It had control over pest control, water and flood control, and fire services. Disney is its own local government. And i dont think that would ever happen again in florida or probably anywhere else. The 2year, 400 Million Construction project employed more than 9,000 people. Lots of different Construction Companies that had experience with very large projects were brought into florida. Finally, in october of 1971, the doors to the Magic Kingdom were opened. Over the next 2 years, more than 20 Million People visited, and 13,000 found work there. In 1971, we had one theme park, the Magic Kingdom, two hotels. That was all that there was. Its evolved to now almost 65,000 people employed. Its four theme parks, two water parks, golf courses, resort hotels and not to mention retail. Its thought to have a direct 50 billion Economic Impact for the state. It helps to bring in over 60 million visitors year after year. Suddenly, orlando was floridas fastestgrowing city. And other brands. Guess what . They took notice. Not long after the Magic Kingdom opened, seaworld opens. And disney kept expanding. Epcot was built in 1982. Then came Universal Studios in 1990, which added city walk in 1999 and islands of adventures after that. In order to visit all the attractions here in Central Florida, we need 67 days. What does this all mean for the area . Billions in tourism dollars, hundreds of thousands of jobs, and all kinds of indirect impact. It has been, obviously, transformational. All of a sudden, we had to take care of all of these guests that are coming. We have to have the infrastructure. Businesses, financial services, hotels, restaurants. Like everywhere else, the economy crash of 2008, well, it hit the orlando area pretty good. But as people started returning to the theme parks, the effect on the area and the Housing Market was very noticeable. As our parks started to regain visitors, more people were going to work, more people needing housing, the apartments, foreclosures, you know, dropped. Lumos maxima. After universals harry potter theme park opened in 2010 and legoland in 2011, both visitors and people looking to relocate, they flooded the area. More than 80,000 new residents arrived in 2010 alone. Employment at universal orlando jumped from 13,000 to 20,000. Disney is the regions biggest jobs factory, with 74,000 employees. And they are still expanding. Its not just the people working in the parks, but all the multiplier effect. Youve gotta have the doctors and the dentists and the lawyers, all of those kinds of things that support that. And, obviously, with that comes the need for more ability to have residences close by. Formerly foreclosed houses end up getting snatched up by the themepark workers hired to keep up with the swelling crowds and expanded parks. We were able to recover faster than a lot of communities. For every 80 guests that come as tourists to the state, one job is created. So with over 60 million tourists, its integral to us sustaining a thriving workforce as well. By the beginning of 2015, once foreclosed homes made up about 30 percent of all the home sales in the region. Not many people would have predicted this back when walt disney flew over Central Florida in the 1960s and decided to quietly start buying up land. When we come back, im gonna take you inside this house behind me to show you why its so special. Its easy to think that all Money Managers are pretty much the same. But while some push High Commission investment products, Fisher Investments avoids them. Some advisers have hidden and layered fees. Fisher investments never does. And while some advisers are happy to earn commissions from you whether you do well or not, Fisher Investments fees are structured so we do better when you do better. Maybe thats why most of our clients come from other Money Managers. Fisher investments. Clearly better money management. For tech advice. Dell Small Business advisor with one phone call, i get products that suit my needs and i get back to business. And lifes beautiful moments. Ns get between you flonase outperforms the 1 nondrowsy allergy pill. It helps block 6 key inflammatory substances that cause symptoms. Pills block one and 6 is greater than 1. Flonase changes everything. con artists. theyll try anything to get your Medicare Card number. So they can steal your identity, commit medicare fraud. What can you do . Guard your card . Guard your card . Just like your credit card. Nobody gets my number, unless i know they should have it. To protect your identity, new Medicare Cards without Social Security numbers will be mailed next year. Visit medicare. Gov fraud stay sharp people thanks for joining us. Im bob massi. I want to tell you about a property that is changing the life of an amazing family. In june of 2004, u. S. Army specialist Hugo Gonzalez found himself on patrol in baqubah, iraq, when his unit came under attack from insurgents. It was part of the sunni triangle, very hard place to be. Being in a firefight was nothing new to specialist gonzalez. But this battle was intense. None of the gun battles and close calls that we got could ever prepare me for the tribulation that lays ahead of me after that night that i got mortally wounded in a dusty alley in baqubah, iraq. His humvee took a direct hit from an ied. And bomb fragments ripped through his skull even as the firefight raged around him. By the time i get to hear the ceasefire order, i was already blinded, calling for my mother, and scared to death. Hugo had suffered a traumatic brain injury, had internal bleeding, and had injuries to both eyes. He spent 2 days in a coma and had to have part of his skull removed to combat the swelling. His fiancee, annie, was back home in the dominican republic, not knowing if he would live or die. She have all the opportunity at that time to say, i think i i dont gonna be able to handle that. Instead of that, the only thing that i got from her is that i will continue with you until the end of my days. The recovery was long and grueling. Penetrating traumatic brain injury that left me legally blind among other things. Back home, annie became hugos support system, helping him recover. It takes an exceptional person to love a warrior, especially a warrior whose war will never cease. They married and had three beautiful daughters. Hugo heard about the Group Building homes for heroes. Building homes for heroes builds and gives mortgagefree homes to severely injured vets. The group was started by andy pujol, a long island businessman who watched the twin towers fall. And he vowed to dedicate his life to helping american veterans. Were on target for 50 homes in 2016. And, uh, we have high hopes of doing the same in 2017. I call him my personal war hero because there are many ways to serve your country. It is not true anymore that you need to wear a military uniform in order to make a big contribution to this country. We over thousands and thousands of applicants. And hugo was very special. For this home, chase bank donated a formerly foreclosed property. And, with the help of kirchman construction, building homes for heroes began completely renovating it. Im im a volunteer contractor for building homes for heroes. Im not getting paid a penny. The roof trusses, the kitchen sink, outdoor unit was just delivered. Everything outside you see has been donated. Everything in this house is designed to hugos specific injuries and to help him get around. Phenomenal type of technology that now exists for people with these type of injuries. The Flooring Services and style in every room is designed to be different so that hugo can know, by the sense of feel, what room he is in. So when he has his cane, he can feel the different textures walking into the kitchen area. Theres a a voiceactivated thermostat, which he can control from his iphone. It will actually read to him the temperature of the room. 79 degrees. Although he is legally blind, hugo does still have some light perception. So blue led lights will be projected onto the floor. Thatll help him navigate to get to his children at night, come up and down the stairs safely. About a month before they were to be handed the keys, the house still under construction, we brought hugo and his family by to check the place out for the first time. Oh, my god. I love to see the smile on the faces and and the, uh. You hear the the girls, you know, the elation in their voice. His sight may be gone, but walking through the door, hugo instantly could feel his familys excitement. Getting to perceive the great emotion that my daughters and my wife was receiving, i assure you that i feel it twice. [ speaking spanish ] last night, i could i couldnt i couldnt get my sleep, thinking about so many emotions at the same time. I only feel it twice in my life. When i was about to see my daughters faces. [ speaking spanish ] and today. How does this impact you . Its way much more than building houses. Its saving lives, sir. In a month from now, their lives will be forever changed. You know, they wont have to pull out that checkbook and write a check for rent or for the mortgage. It frees up money for college for their girls. Its gonna be a nightandday difference when you guys come back. Do you like it . Yeah. Itll be, like, awesome. Its gonna be like like three princesses going in a palace. And every time we go past it, were like, yay. Once we step in this house and finally make it a home, i assure you that the future is very bright. Finally, the big day arrived. And it was time for specialist Hugo Gonzalez and his beautiful family to come home. Hugo, annie, and girls, welcome to your new home. I would like to express my deepest and eternal appreciation to all the people involved in making our forever home a reality. [ cheers and applause ] hearing my daughters seeing their room for the first time and screaming. Ah i assure you that that feeling will be with us in this house for the rest of our life. From the heart of a warrior, thank you very much, building homes for heroes. And you can help these guys build more homes for people like hugo. Go to buildinghomesforheroes. Org to find out how. Still to come on the property man, one of the most stunning homes ive ever seen. You owned your car for four years. You named it brad. You loved brad. And then you totaled him. You two had been through everything together. Two boyfriends, three jobs. Youre like nothing can replace brad. Then Liberty Mutual calls. And you break into your happy dance. If you sign up for better car replacement™, well pay for a car thats a model year newer with 15,000 fewer miles than your old one. Liberty stands with you™. Liberty mutual insurance. Its a highly contagious disease that can be really serious. Especially for my precious new grandchild. Its whooping cough. Every family member, including those around new babies, should talk to their doctor or pharmacist about getting vaccinated. They save us from gettingones . Lost, getting hungry, and getting nervous in places like this. Now phones can save us money too. Introducing xfinity mobile. With unlimited data for just 45. Thats the lowest price out there for one line. And you can get the same price on up to five. See how much you can save when you get unlimited on a new kind of network designed to save you money. Call, visit, or go to xfinitymobile. Com. Welcome back. Im bob massi, the property man. For most of us, stepping inside a multimilliondollar mansion is not something we do every day. Most of us dont live in palm beach, florida, however. The 10squaremile strip of beach is floridas easternmost city and known for its pristine coastline, trendy restaurants, and highend shopping boutiques. So selling a home in palm beach, well, a bit different than doing it in any other part of america. So i asked the motherandson team of paulette and dana koch to show me some of these listings. This sevenbedroom property sits on the edge of lake worth, which separates palm beach from west palm beach. Listing price just under 35 million. The house has just over 19,000 square feet. It lives on three levels. The trilevel compound was designed in 1986 by renowned architect milton klein and then was completely restored and renovated in 2008. Youre immediately struck by views, with 200 feet of frontage on lake worth. Theres a beautiful indooroutdoor entertaining space that brings the outside in, which is very typical of the way people want to live when they come to palm beach. The view corridors that you have from all the rooms facing the water are unbelievable. Youre about less than 5 minutes to the inlet, which takes you right out to the atlantic ocean. And i noticed how the house is wellbuffered on both sides. Well, one of the nice things about this piece of property is youre on an acre. Yeah. And thats a rarity in palm beach. The fact that there are no neighbors to the south and west and the home has a unique 21foothigh elevation creates a feeling of seclusion and privacy. The contemporary architecture makes this home feel truly unique. And its an artlovers dream. Everywhere you look, theres some sort of beautiful sculpture of artwork. These particular owners have an eclectic taste in art. They attend every art fair you can imagine. And theres great wall space in the house, as well as great space for sculptures. And it just lends itself, with the natural light. Mm. And Everything Else that comes through this house. Off of the kitchen theres another outdoor area that has a a woodburning pizza oven. You have a cabana bath, outdoor showers. Your putting green is on the other side. Walking through the home, it doesnt feel overwhelming, although tucked away on the main two levels are seven bedrooms, along with 10 full and six half bathrooms. This is a downsview kitchen that is very customized, an integration of various materials. You have highgloss lacquered cabinetries, beautiful stainless steel, glass, Granite Countertops as well as concrete. Its a true stateofthe art. Its inviting. And its very manageable, bob. I think thats what people. It is. Really enjoy about this. You know, theres a crestron system in the house. So you can control your shades, your music, your air conditioning. The lower level features a sophisticated theater media room with seating for 12. Also on the lower level is the spa with an adjoining exercise room. And take a look at the wine cellar. Its completely computerized, with room for 5,000 bottles of wine and champagne. Talk about a party. It truly is selfcontained. Absolutely. I mean, you dont have to you really dont have to leave it. You never have to leave. You know, its like a little mini resort. Up next, i get a lot of viewer emails. And its time to answer some of your property questions in the massi memo. The mercedesbenz gle can help protect you from the unpredictable. And the distracted. Its cameras, radar and sensors can help prevent just about any surprise. Well, almost. Lease the gle350 for 609 a month at your local mercedesbenz dealer. Mercedesbenz. The best or nothing. The toothpaste that helps prevent bleeding gums. If you spit blood when you brush or floss you may have gum problems and could be on the journey to much worse. Help stop the journey of gum disease. Try parodontax toothpaste. Time now for the massi memo. Each week, i get hundreds of emails filled with all types of property questions. This one comes from karen from my hometown in las vegas. First of all, a Revocable Living trust in and of itself is not what we call an Asset Protection vehicle. What you need to do is go to an Estate Planning lawyer and have them map out what is the best way to protect your assets simply because of the fact that theres different type of trusts that are available, but it may not suit your needs. All too often, again, people put their childrens name on homes. If, in fact, hes going to invest in the property, is that asset exposed . Potentially it is. But theres ways to set up Asset Protection, such as what we call serious llcs, irRevocable Living trusts. Again, a competent Estate Planning lawyer could help walk you through this problem. Brian from meritt island, florida, writes. Okay. First of all, lets define a zombie foreclosure. Zombie foreclosures are those items where either you filed bankruptcy and your debt was discharged or you abandoned your home because you thought there was gonna be foreclosure and the lender never foreclosed on your home. Absolutely move back in. Why not . If the lenders not willing to take care of the home and get it out of your name, youre still responsible if theres somebody injured on a property. Youre responsible for property taxes, homeowners insurance, hoa dues. Move back in and enjoy it. And just tell the lender, whenever you want to foreclose, guys, were here. But were back in, enjoying our home. Thats what you need to do because theres no easy way to force a lender to foreclose on that property. Ive got a lot of information about zombie foreclosures and much more on our website. Foxnews. Com propertyman. Be sure to send me your questions or property stories at propertyman foxnews. Com. Thats it for today. Im bob massi. Ill see you next week. From fox business headquarters d new york city, the new wall street week. Maria be welcome to wall street week, the program that helps position you for the week ahead. Im maria bart row know. Coming up, hedge fund billionaire, the legendary ray dalio, my special guest this weekend. But first, take a look at some of the big headlines this past week impacting everything from wall street to main street. The Federal Reserve did not raise shortterm interest rates, but fed chair janet yellen said there is still a possibility for a rate hike by year end, that would be december. Yellen also said as many as three rate hikes could come next year as well, and they have begun to reduce the size of their balance sheet. That