toxic masculinity. >> and of course that navy s.e.a.l. gave his life. >> yes. >> if you have your own hit or miss, send it to us on @jeronfnc. you for being with us. >> announcer: from the fox studios in new york city this is maria bartiromo's "wall street." maria: happy weekend. welcome to the program that analyzes the week that was and helps position you for the week ahead. citi private bank head of investments is with me, and erika nardini. let's get over to the fox business newsroom. reporter: another busy news week. president trump drew a hard line in the sand at the nato meeting in brussels.

he insisted the members pull their weight and increase defense spending. president trump: i want fairness for the united states. nato is very important. but nato is helping europe more than it's helping us. reporter: he expressed his support to do business with the u.k. with or without brexit. president trump: once the brexit process is conclude and perhaps the u.k. has left the e.u. i don't know what they are going to do. but whatever you do is okay with me. that's your decision. reporter: jpmorgan led with a strong quarterly report. their earnings rose 26%. and revenue climbed 10%. wells fargo missed big last square while citi's earnings report was mixed. despite trade concerns with

china, all three major markets closing firmly in the green. in washington the justice department announced indictments against 12 russian nationals. the doj indictment accuses them of hacking into several computer networks including the dnc and the clinton campaign. on capitol hill fbi agent peter strzok is forced to say publicly the contents of his texts with lisa page. he spent hours answering questions. hillary clinton's email use and possible collusion between the trump campaign and russia. >> that text was written late at night in the shorthand. >> i don't care with it was written, i don't care tonight was long hand or cursive. i don't appreciate having an fbi

agent with a high level of animus work on two investigations. reporter: the president nominated brett kavanaugh to replace anthony kennedy on the supreme court. the president described him as one of the sharpest legal mind much our time. maria: the markets rebounding after a steep sell-off wednesday spark bid concerns over an escalation in a trade dispute. how are investors positioning themselves in the midst of all this global uncertainty? joining me to answer all of that, global head of investment for citi private bank, david bailin. thank you for joining us. what a week. you had the president traveling overseas. he did nato and went to the u.k. to meet with theresa may.

and he's on his way to meet vladimir putin in helsinki. let's talk about all of this and the trade issues that came up in the nato meeting. you feel this a misunderstood issue. >> for investors it's extremely confusing. what is the purpose of having a trade war? it's to change the way trade is actually done in a way that favors the u.s. what are we concerned about in intellectual property rights and software rights. but what happens in terms of its economic impact is far different. what people underestimate is the degree to which this trade war could affect u.s. companies' earnings. you can imagine it reducing gdp. but you could have $100 billion reduction in earnings in the u.s. if you had a full-blown

trade war in the u.s. that what be 10% of large cap earnings. maria: i feel like this market has been giving this president and this administration some leeway. they believe he's negotiating. if not, i feel this market would be ray down if they didn't trust at the end of the day we will probably get a better outcome. >> that's not true in chain today and not true in the automobile industry. if you look at the ag industry, i think that is true. what do you make of that? the question is are we actively negotiating? there is mixed evidence. you have seen articles this week about the fact that there aren't active negotiations going on right now. maria: the president told me two weeks ago when i sat down with him in my exclusive interview that lots of countries are calling. he said lots of countries are calling and want to do a trade deal.

but we have to see the trade deals on the books. he has to get a deal done. is that one of the big issues you focused on in terms of how to invest? >> we looked at two contradictory trends. one is incredibly strong u.s. earnings and in europe and asia as well. that's the positive. negative is the impact a trade war could have on portfolios and actual investment by corporations. we see that as potentially significant. we are beginning to see signs of weakening already. maria: let's talk about the earnings season for the second quarter. we have jp more dan, wells fargo missed. i bleach city obviously you are from citi so we won't go there. but in terms of the overall earnings period how would you characterize it. >> our expectation is in the

aggregate earnings could be up 20 to 22%. it's a strong period of time for u. s-corporations. and yivment s. stocks are not moving. to your point when you say there hasn't been a lot of impact in the u.s. what would u.s. stocks be if the trade situation isn't what it is. i would argue the impact is significant. maria: you think we could see a reaction once we get the deals done. and if we don't get a deal done, the the same thing. >> correct. if a series of transactions get done, but especially with china and the nafta, then you would see the markets pop to the up side. if we go to a full-blown trade war. and we are talking $500 billion in tariffs, that would have a deleterious effect. maria: where do you see the opportunity around the world.

>> if you look at europe. we are probably at 17 times and europe is 13 1/2. european to bees have an average dividend of 4%. china is extremely cheap. it's trading under book value. it's an attractive market. it's an area where we want our clients to go. in emerging markets that are cheaper now, clients should be exposed there. the reason is because economic cycles are obviously taking place at different times. the u.s. is late in the cycle where the emerging markets and europe are actually less well advanced in their economic cycle. maria: so it doesn't bother you in terms of china that they are stealing intellectual property, that we are on the doorstep of the fight you are having. you want more exposure to china.

>> as an investor you do. i'm not in favor and we are not in favor of intellectual property theft. we think that's the area trade should be focused on. but when you look at it as an investor, wealthy clients want to basically build a portfolio. china represents 20% of the economy and .3% of the world equities. if you look out over 5-10 years you will want 10%, 15% of your equity portfolio in china. maria: david bailin from citi private bank. up next, the ceo of bar stool sports, erika march continuey. -- erika nardini. >> what i love about bar stool

is we call it like it is. maria: an eye opening interview by what many call the boys year, i am sorry about that. [music playing] (vo) progress is in the pursuit. audi will cover your first month's lease payment on select models during summer of audi sales event. whenshe was pregnant,ter failed, in-laws were coming, a little bit of water, it really- it rocked our world. i had no idea the amount of damage that water could do. we called usaa. and they greeted me as they always do. sergeant baker, how are you? they were on it. it was unbelievable. having insurance is something everyone needs,

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maria: the media happened scape continues to grow and shift and sport is one of the most of competitive landscapes. our next guest payment ceo of bar stool sports. it's the edgy, controversial guy-centric pop culture. erika nardini says she has embraced the site from the beginning. thank you so many for joining us. congratulations. you and the founder have been on this program before. we note reaction we get from our viewers. congrats. >> we are fired up about it.

maria: what's leading the growth at barstool. >> there will never be another barstool sports. this company is growing and expanding by the minute. dave started the company in 2004 and built a loyal audience with a strong brand and strong point of view. we are bringing that to more and more fans every day through social, audio, commerce, through events. so we are expanding -- we are multiplying rapidly because we understand how to make content in a digital age. we understand how to distribute and we love our fans and understand what they want and how to give it to them. maria: when you say you love our fans and understand how to give them what they want. tell us what they want. >> our fan is looking for an escape. they are look for a laugh, they are looking to relate to people

who are aspirational but also completely relatable and into the same things they are into. barstool has evolved to cover and talk about the things we are interested in and we find that our fans are interested in as well. one of the things i say is traditional media companies, the people who make content are far away from the people who watch and engage with that content. at bartool we are very close. we have a ton of conversation that surrounding it nearly simultaneously. maria: millennials love barstool. when you first got the job, you were the only woman. >> yes. maria: was it cool? when you have all men does it morph into conversations that don't resonate with women? there was a story about espn

stepping away from barstool after a podcast contained offensive remarks against women. >> i loved barstool from the jump. i didn't get my own bathroom at the beginning which was a tactical mistake from the beginning. i always found barstool funny. at its core barstool is a comedy brand. but what i love about bartool is we call it like it is. every single personality calls it like it is. some traditional companies don't like that, our fans do. we have about 108 people now. we have a phenomenally talented cast of characters. pat mcafee came out of the nfl joined bartool sports.

dave himself is a larger than life character. and the list goes on and on. we have an incredibly talented group. they appeal to their own fans and appeal to the broader audience. and we try to wav weave those sy lines seamlessly. maria: rear in an era where original content is big. next year the whole media industry is trying to keep up. tell us how important that is in terms of original content. are you investing more in original content? >> yes. we invest in personalities and we invest in the content they make. what is different about barstool is how we make content. we make content very quickly. an idea goes from idea to

execution almost inand taken wasly. last flight we sold outer village plaza and created a punk rock band out of people who have day jobs. we think the idea of premium content has changed. and we understand that when you make something, the conversation around it and what happens after that piece of content is produced is what's most of important. >> when you look at the valuation of this company at this point, how do you feel? >> it's awesome. we worked really hard. dave and dan and kevin and keith, the original gang worked very hard for a long time. and we have seen an explosion in the last two years. i'm proud of every one at barstool. maria: i want to ask you what's next. we have erika nardini with us.

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maria: welcome back to "wall street." i continue my conversation with barstool's erika nardini. >> most of people think barstool is just for guys. we tend to focus on what's funny. but nielsen just released information for us that says our audience is 45% female. it changes whether it's on our

blog or facebook or instagram. we are attracting a young audience and captivating them. maria: do you want to sell of any our content to bigger players? >> i tried that for a year. we did that with comedy central. it was an incredible persons to be on television. but what we realize, we have it all. we have production capabilities, distribution capabilities. we have the ability to monetize very effectively. so what tv offers us in allure and audience are actually things we have ourselves. maria: what's the end game here? do you want to take this company public? >> no. i have been through an i.p.o. i think there is a huge runway for barstool sports. i think this is a very dynamic company.

i think we become a consumer products company and i think we continue to be a media juggernaut. and i think it runway to build this out is very long, and we'll see where we belong. maria: the goal is to keep growing independently and not look for an acquisition. >> yes. maria: thank you very much. more "wall street" right after this. and now for the rings. (♪) i'm a four-year-old ring bearer with a bad habit of swallowing stuff. still won't eat my broccoli, though. and if you don't have the right overage, you could be paying for that pricey love band yourself. so get an allstate agent, and be better protected from mayhem. like me. can a ring bearer get a snack around here? jardiance asked: when it comes to managing your type 2 diabetes,

what matters to you? you got a1c, heart, diet, and exercise. slide 'em up or slide 'em down. so let's see. for most of you, it's lower a1c. but only a few of you are thinking about your heart. fact is, even though it helps to manage a1c, type 2 diabetes still increases your risk of a fatal heart attack or stroke. jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit for adults who have type 2 diabetes and heart disease, significantly reducing the risk of dying from a cardiovascular event and lowering a1c, along with diet and exercise. this really changes things. 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. man: ask your doctor about jardiance and get to the heart of what matters. man: ask your doctor about jardiance for nearly 2,000 severely injured veterans everyday life has become filled with barriers. day-to-day simple tasks can become pretty daunting. i have to carry my chair up two flights of steps or have somebody do it for me. what scares me the most is just the falling. when i'm struggling with my house, i think, you know, to have that one great barrier just knocked down, i mean, it's crucial. homes for our troops is a wonderful nonprofit that builds a mortgage-free, fully adaptive, handicap-accessible house. and there's no catch.

it'll be our very first home that we've ever owned. this is a game changer. this is where your life begins again. we need you to join us in completing this important mission. please visit hfotusa.org and help build homes and rebuild lives. because of you, everything's gonna be okay. >> time for a look at the market events that could impact your money. also business inventories. retail sales will be ports. this is a real window into how the consumer is doing it's a huge week for second quarter earnings. including the major financials. we heard from jpmorgan and city and wells fargo. next week we'll get bank of

america, netflix, blackrock. tuesday, industrial production numbers are out. goldman sachs will report earnings along with charles schwab. then wednesday the beige book is out. that's a market mover. american express, morgan stanley, a lot of people will be wondering what companies have to say about guidance. weekly jobless claims are out. microsoft will report earnings along with the black stone group and union pacific. we wrap up the busy week friday with earnings from beleaguered general electric, and we'll be watching for news there. on the political front monday president trump is in helsinki, finland for a one-on-one meeting

with president vladimir putin. we begin early pat 5:00 a.m. eastern. next week a big program here. a big tech showdown. microsoft ceo is my guest and bill mcdermott. so join me for sap ceo and microsoft ceo be saty a nardella. we'll talk about congressman ratcliffe who was one of the questioners of peter strzok. tune in on the business network

for "mornings with maria." we have a big week ahead. have a great rest of the weekend and i'll see you next time. ♪ >> i'm bob massi. for 35 years, i've been practicing law and living in las vegas, ground zero for the american real-estate crisis. but it wasn't just vegas that was hit hard. lives were destroyed from coast to coast as the economy tanked. now it's a different story. the american dream is back. and nowhere is that more clear than the grand canyon state of arizona. so we headed from the strip to the desert to show you how to explore the new landscape and live the american dream. i'm gonna help real people who are facing some major problems, explain the bold plans that are changing how americans live, and take you behind the gates of properties you have to see to believe.

at the end of the show, i'll give you critical tips you need to know in the massi memo because information is power. and the property man has got you covered. [ woman vocalizing ] thanks for joining me. i'm bob massi. i got an e-mail from a woman with a fascinating story of how she navigated her way through the mortgage meltdown and financial crisis. but she's now got a dilemma and wants to know what her options are. now, lori's a single working mom living here in arizona. she bought her home in 2006, right at the peak of the market. 80 percent of the home was financed with an interest-only loan and a second mortgage covering the remaining 20 percent. >> and i did that because i was one of the people that felt that real estate is an investment. and i wanted to use the equity to make more in the market. >> remember, folks, that was 2006, a long time ago.

property values had been skyrocketing. and lori bet on that continuing, like many of us as americans. she thought that after a year or two, the house would have more equity and she could refinance it to a conventional mortgage. well, we all know what happened next, guys. >> i started to watch my neighbors lose their homes to foreclosure. i also watched the values plummeting. >> the home's value plummeted more than 30 percent. worse than that, when the economy tanked, lori found herself unemployed. she withdrew 401(k) funds and took loans from friends and family to help pay the bills. is credit important to you? >> uh, credit and credibility, my reputation, honorability. i was one of those people that, you know, used their retirement money to stay in a home because i signed up for the loan. and i was gonna make the payments. >> by 2009, she was working again but still struggling to keep her head above water. >> i made the decision

to start -- start missing a few payments so i could get an audience. >> did they tell you, "you gotta stop making payments"? >> it was kind of implied, "why should we work with you if you're continuing to make your payments?" i learned that a second lien holder can never move you out of your home because they're in the second lien position. and that was very powerful information. so i made a decision to go 90 on the second to let the lender, who held both the first and the second, know that i was serious. >> she was able to get a h.a.m.p. loan modification. >> i got a letter, unsolicited, offering to settle my second obligation for $15,000. >> and at that time, you owed how much? >> $153,000. >> but the house was still way underwater. by 2013, she was still in trouble, and the loan had been sold several times. >> so i applied for a couple of the newer programs and kept getting letters saying that my lender didn't participate. i knew that that was not the case. >> she didn't give up and,

through pretty much sheer tenacity alone, managed to get another loan modification, including a principal reduction. here's the key. lori did her homework and was persistent. she researched anything and everything she could about her situation, what was happening to her neighbors, and what options she had. basically, this single mom put on her gloves and beat the hell out of these lenders. >> exactly, that's it. >> i mean, for all intents and purposes, right? >> that's exactly what i did. >> if the home was sold presently, she could probably break even. >> this was an older home when i purchased it. it's starting to need upkeep. >> she feels it's a minimal investment, and fixing up the house could result in a great return on the investment. >> so these cabinets were already refinished. and so there's really no option now except to put new fronts on them. >> the problem? she's burned through all her money just saving the house. so she can't afford the renovations. so obviously --

>> as you can see, the pool -- the tile is starting to come off and it needs to be refinished on the bottom. >> and some of the kool decking needs redone. >> yeah, kool decking needs to be refinished. >> one would figure you sort of put a number on this is what you think it's gonna cost to sort of do a simple freshen-up. >> yes. >> what do you figure that is? >> uh, between $30,000 and $50,000. >> do you have that money to do it? >> no. >> with her daughter going off to college soon, lori needs a way to pay for it. >> we'd like to stay until the home until she's ready to go to college. but for the right agreement, you know, i think we'd be willing to vacate the home and be happy that we have college money for her. >> lori wrote to me asking if i would recommend her offering the project up to an investor, someone who could finance the renovations. >> there are a lot of general contractors out there or investors that might be interested in, like, what we -- i would call a shared appreciation model

where i'm willing to put in a little bit of tlc and some sweat equity or financial equity into the home for a return on their investment. >> if i was an investor, my question to you would be, how long are you gonna keep this piece of property before you sell it? 'cause i'd like to know when i'm gonna get my money. >> well, you're a lawyer, bob. everything's negotiable. >> i'm a businessman first. now, there are a few options that she has. status quo, do nothing. she's gotten to the point where she has a little equity in the home already. based on the area she's in, it's most likely gonna go up slowly. she could find an investor, someone who will finance the renovation for a fixed percentage return on the investment. so you need to get a true value on this home. you've gotta get an appraiser to come in because what they'll do is they'll look at the things that need to be done. and then they say, "lori, it's not worth it for you." you gotta find the base of where you really stand as relates

the value to the loan. she could find someone also to be a partner with her, meaning they basically put up the money, work out a deal once the house sells. this is where the big expense could be. but you bring the right professional in, they'll know how to do it the right way. she's even considered doing what's called a lease back, which by the way, i think may be a great idea. sell the home now to an investor, lease it back for a few years until her daughter goes to college, and then she moves out. it's a win-win for everybody. but most importantly, she has to get advice from experts. someone needs to come in and do an evaluation, the kind of value these improvements could add to the property. all of these options have risks, both for lori and the investor. but that risk has been minimized. you've had so much debt wiped out that for an investor, they're coming in at a time when this property's only gonna go up in value.

>> right. >> so, i mean, the risk has really -- is gone. >> exactly. >> this could only go up in value. >> exactly. >> so that's not a bad deal for an investor or a partner on this deal. but remember, it's gotta be sold at that point 'cause you're on the note. >> absolutely. >> you never want to transfer your property title to anybody because a lot of people who do that think that they're off the note. and they're not off the note. but, be that as it may, you've taught your daughter a great deal about business. and she should be proud of what her mother's done. now, we're gonna keep in touch with lori. and let you know how it all turns out in a future episode. up next, the millennial generation is the first to enter the real world since the housing market collapse changed how people think about home ownership. is it something that they worry about at all? i'm gonna go find out. [ woman vocalizing ] i woke up in memphis and told... (harmonica interrupts) ...and told people about geico... (harmonica interrupts)

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♪ >> welcome back. i'm bob massi, the property man.

we've heard a lot of talk about millennials. they're the first generation to enter the workforce after the real-estate crisis of 2008. so i hit the campus of arizona state university to see if property issues are even on the radar of today's college students. >> i know so many of my peers that graduate with, honestly, this worthless college degree. they go six figures into debt just to make 30k a year. >> any of the friends that you have going back home to live with mom and dad just because they're concerned, or they don't have the money? >> yeah. absolutely. it's statistically the most common place for someone six months after graduating is back at mom and dad's. >> i don't think it's, like, a fault against them. >> no. absolutely not. >> if that'll allow them to save up for owning a home, then why not? >> i'm not gonna be able to afford everything on my own. so i'll probably move back with my parents. >> i'm going back home because of financial reasons. >> so how 'bout you? >> i feel like going back home isn't something you should be ashamed of. it's a great opportunity to kind of launch yourself. >> i don't think that's just a trend because millennials are millennials. i think that has a lot to do

with the fact that there is a lot of student-loan debt out there. >> it really depends on the job situation. that's kind of my real concern right now. >> i am so much in debt. and i'm barely a freshman. it's just ridiculous. >> i know people that have actually dropped out of school or had to move to a community college 'cause they couldn't afford it. >> i'm in a lot of debt already. but, like, it's what i had to do. >> a lot of young people i talk to, they don't really know the first thing about buying a car, buying a home, renting an apartment. are there courses offered for you to learn these type of things? >> i honestly don't know. but if there is, i would be so open to take one. >> what about you? >> i think it's kind of crazy that we don't learn a single thing about developing credit or doing any of these important things like taxes. >> i think, if you look at, like, the 2008 financial crisis, people were lending, giving out loans to people who -- who could -- essentially couldn't pay back their loans and created this big bubble. >> did you happen to see the movie "the big short"? >> banks have conditioned us to trust them. what have we gotten from that? 25 percent interest rates on credit cards. they have screwed us on student loans that we can never get out from under.

>> lenders, banks, wall street. how do you view those institutions? >> they're trying to make a living. but it -- it's good for them if i go and do business with them. but i don't think it's good for me. >> so many were concerned and said they would never, ever sign a mortgage that would obligate them for 30 to 40 years. >> that's a trap they want you to get into. but then, when it comes down to it, two, three, four years down the road, are you ready to, you know, commit to that for another 25 years to fulfill the 30-year mortgage? >> if you're starting out with this much debt, the last thing you want is to, you know, get a mortgage and -- >> buy -- >> be put even more in debt. yeah. >> 30 years, that's a long time. >> some others said it's the american dream. >> i mean, i think, personally, too many people are renting and not owning. i think people need to take ownership and own several properties. >> i want to own. i don't want to lease. i don't want to rent. to me, i feel like owning a home. not owning, you know, is not, like, a proud moment. >> if you can actually live within your means, then i don't see it being a problem. i'm not afraid of having a 30-year mortgage. but i'd like to pay it off

sooner than that. >> if you're trying to establish, like, long-term wealth, you need to have -- you need to own your own assets. but it's also -- owning property is part of the american dream. >> and some that we interviewed, particularly one guy, said, at his age already, he sees it strictly as a business. >> i actually am about to buy a couple rental properties right now and become a landlord before my, uh, before my 23rd birthday. >> how many more years do you have to finish up? >> um, well, funny question. i'm supposed to graduate in may. but i'm actually failing school right now. >> now, the american dream of home ownership might be harder to obtain for today's young people. but hopefully, they have learned some of the sins of the past and will be better equipped to manage that in the future. still to come on "the property man," desert living gets a whole new definition. [ woman vocalizing ] the employee of the year, anna.

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♪ >> welcome back. i'm bob massi, the property man. earlier this season, we showed you taliesin west, where legendary architect frank lloyd wright established his school of architecture. now i want to show you a modern home designed by an architect who went through that school and brought wright's vision to life. >> the architect was a gentleman named bing hu. and he really did a great job with the design. >> i'm in the mirabel community in north scottsdale. and i asked realtor bob lomax to take me inside this stunning golf-course property. one thing that stands out right away are the doors and windows. each is a work of art that adds to the unique character of the home. this is unbelievable. >> yes. this door is really a statement for this home as you first arrive. there was a wooden door originally specced for this house. and the owner did not think

that was gonna look good. so she contacted a company called art in metal. and they came up with this design. the interesting part is this handle is exactly 5 feet tall. and there's quite a few things in this house that are that, uh, dimension as well because the home owner herself is actually 5 feet tall. all the furniture in here was custom made. the artwork is custom made. the home itself is 10,000 square feet, air-conditioned. it consists of five bedrooms, 10 bathrooms. it's got 11 fireplaces. and there's a media room. there's a game room. >> and of course, the state's known for copper. >> that's right. it's the copper state. >> so i'm looking at this bar, which is obviously all copper. >> lots of copper in this house, which is really a beautiful accent to this home. >> every light fixture was custom designed, as well as these beautiful cabinets, which were finished in a hot-rod shop to get the perfect detail. >> this wine cellar is kind of unique too, custom doors made for the wine cellar. it's a two-story wine cellar. what's neat about it is, different times of the day and night, the glass actually changes color depending on the sun when it's coming through it. there's 18 tvs in this home. but you can't see

virtually any of them. they're all hidden. this painting on the wall actually hides a tv. so with the touch of a button -- >> how unique is that? >> isn't that neat? >> we've done some things on panic rooms and secret rooms. >> yes. >> so this office is unique. show us this. >> it does have a secret room that was designed as a panic room. but i think the grandkids also love to use it for hide-and-seek. this is just a beautiful master bedroom. the two-story volume in this room, i think, is really impressive. >> and outside, there's what? is that a hot tub? >> yeah. there's a -- a main hot tub for the -- for the guests. but there's a private hot tube here for the owners and with its own fireplace as well. >> we talked about how the owner doesn't like to show tvs. >> that's right. he has a tv that's hidden behind this mirror here, so, when he's getting ready in the morning, he can keep track of things on fox news. >> you can't make this up. there are eight air-conditioning zones, 22 tvs, and 43 audio zones, all automated and controlled by a crestron system. >> you can literally control every aspect of the home with these screens, which are throughout the house.

so if we i want to put down all the shades in the house, i can do it with the touch of one button. so the sink is actually automated also. you touch a button. >> market window at the kitchen, serve the drinks across and the food. >> absolutely. you can see that this real-- this whole house really opens out -- >> mm. >> to the outdoors. there's literally no houses that you can see from any room, except for way off in the distance. >> these doors, do they go back? >> they absolutely do. >> pretty fancy pocket doors. >> pretty fancy pocket doors. >> the backyard is -- wow. >> it's on three lots. so it's quite an expansive backyard. >> you know, there's no reason to leave the inside of the house. now that i'm at the outside of the house, there's no reason to leave the outside of the house. >> it's equally as beautiful, isn't it? >> look at that. >> there's just a lot of color in this yard, a great pool. there is a cabana bar with a restroom -- >> uh-huh. >> and a shower. >> the property actually sits on three combined lots surrounded by the seventh and eighth holes of mirabel golf course. mirabel is an exclusive golf club community in north scottsdale that really captures the best features of the area --

mountain and desert vistas, custom luxury homes, and world-class golf. mirabel boasts a 38,000-square-foot desert lodge clubhouse that's a major draw. >> there's all the amenities in there you could ever want between the fitness center, the swimming pool, the tennis courts. there's a lot of outdoor living space in this home. almost everywhere you turn, there's another patio. and really accentuating the arizona lifestyle, which is a lot of outdoor living. it's got everything that people want as far as just beautiful finishes, great orientation, great backyard, all the amenities that you could want, lots of privacy, just expansive views. so it's got all the bases covered. >> up next, we're digging into the property man mailbag yet again so i can answer your property questions in the massi memo. stick around. [ woman vocalizing ] my father passed this truck down to me,

that's the same thing i want to do with you. it's an emotional thing to watch your child grow up and especially get behind the wheel. i want to keep you know, stacking up the memories and the miles and the years. he's gonna get mine -but i'm gonna get a new one. -oh yeah when it's time for your old chevy truck to become their new chevy truck, there's truck month. get 18% of msrp cash back on all silverado 1500 crew cab lt pickups when you finance with gm financial. that's $9,000 on this silverado. plus, during truck month make no monthly payments for 90 days. i have to tell you something incredible. capital one has partnered with hotels.com to give venture cardholders 10 miles on every dollar they spend at thousands of hotels. all you have to do is pay with this at hotels.com/venture. 10 miles per dollar? that is incredible. brrrrr! i have the chills. because you're so excited? because ice... is cold. and because of all those miles. obviously. what's in your wallet?

time and time again, you know when i'm doing street magic..i'll walk up to someone and i can just see they're against me right? they don't want to be amazed. they don't want this experience to happen. ♪i needed to try but then the magic happens. and all of that falls away. (amazement & laughter) it's the experience of waking up and seeing things the way you saw them before they became ordinary. ♪i need never get old i'm looking for that experience of wonder.

♪ >> welcome back. i'm bob massi, the property man. and it's time now for the massi memo. we've got time for a letter or two from the viewer mailbag. i received two similar letters from people who seem to be in the same boat. eugenia from arizona writes...

and karla from california says... let's talk about h.a.r.p. 2. h.a.r.p. 2 was designed to improve the original h.a.r.p. that was passed back in '09. the whole concept behind h.a.r.p. was to help people who were staying current on their mortgage, and they were underwater, and it was a fannie and freddie loan. so if, in fact, you're current, if, in fact, it's a fannie or freddie loan, you may be able to qualify for h.a.r.p. 2, except it must be a loan prior to 2009. now, a lot of people e-mail me and ask, "well, why is 2009 the magical year?" the answer really makes no sense. but basically, they're saying,

"people after 2009 knew about the real-estate crisis, so we're not gonna give them a break." you should write to your congressman about that one, by the way. so try for h.a.r.p. 2. you may be eligible for that. now, listen. the other issue's even more difficult. if you're not eligible for h.a.r.p. 2 and if you're underwater, you want to keep your home, the only thing you would try is for a loan modification. if you have hardship, you may be able to go loan mod. and because you're behind in payments, you know, you may qualify. try that. the only other thing you could possibly do is look for a short sale and move on with your life because the longer you stay in that home, and if the value's not gonna come up, you're sort of stuck. and i'm sorry to tell you so many people in america still are in a situation where everything's upside down. that's all the time we have for today. be sure to send me your property stories, questions, or pictures of your property bloopers. send them to propertyman@foxnews.com. and don't forget to check us on facebook and twitter.

there's also plenty more information and videos on our website, foxnews.com/propertyman. i'll see you next week. [ woman vocalizing ] >> he leads the most famous charge in american history. >> i am standing right on the site of pickett's charge. >> it cost him hundreds of men, but it made him immortal. >> he leaves his descendants with a suitcase full of heirlooms. >> you want to take a look? >> i really would. >> then a fast-talking con man comes to town... >> he dressed well, he was very glib of tongue. >> ...forcing the general's heir into battle over his strange inheritance. >> what was your reaction? >> i was pissed. it began to dawn on me that i had been really truly ripped off. [ woman vocalizing, theme music plays ] [ wind howls ] [ thunder rumbles ] [ bird caws ]