defense department. let's see if i understand this. they would do business with the communist government of china but not with the government of the united states. that does not compute. i'm gregg jarrett in for lou dobbs. >> announcer: this is maria bartiromo's "wall street." bar will be happy weekend. welcome to the program that analyzes the week that was and positions you for the week ahead. carlisle's co-ceo kewsong lee is my special guest. deirdre is standing by with the big headlines. dierdre: investors witnessing history. apple became the first public company to cross the $1 trillion in value. it eventually hit the trigger

number of $204 per share. invest jr.s reacted well to the friday jobs report for july. 157,000 jobs were added to the u.s. economy. investors shook off concerns about u.s.-china trade tensions and markets finished in the green for the week. treasury yield rose crossing a key level. the yield is a benchmark for mortgage and auto lending rates and it was driven higher due to a strong payroll report. the controversy is growing surrounding cbs's les moonves. six women say he made unwanted sexual advances towards them. some of the sexual harassment

allegations date prior to his move to cbs. he's keeping his chairman and ceo role while the investigation is under way. the white house announcing thursday it plans to freeze anti-pollution and fuel efficiency regulations that were implemented in 2012. they force car makers to raise fuel sisht is to 54 -- rule efficiencies to 54 miles per hour by 2025. california says it will fight the decision. maria, back to you. maria: the markets are continuing to aftergait the threat of a trade dispute with china. i spoke with commerce secretary wilbur ross on my morning

program thursday. i asked about the administration strategy. >> the reason for the tariffs to begin with was to try to convince the chinese to modify their behavior. instead they have been retaliating. so the president feels it's potentially time to put more pressure on to modify their behavior. we have to create a situation where it's more painful for them to continue their bad practices than it is to reform them. maria: reaction from muddy water's carson block. what do you think about the president's strategy against china? we know what china has been doing. their economic aggression has threatened the technologies of the united states. intellectual property has been stolen for decades.

and the chinese forced this transfer of technology. is the administration right to push back? >> absolutely. i have to hand it to the trump administration for identifying the threat china poses to our way of life. this is my view china for some time has had a concerted strategy to transfer economic wealth from the west, from the u.s. to china. finally government is realizing that, and looking to push back. you know, my corner is obviously capital markets. that's the one area where i don't think the government understands what's happening. so that's -- that's basically what we need -- maria: tell us what's happening. there are a lot of chinese companies listed on the new york

stock exchange from the nasdaq to others. ways your sentence is happening that this administration is not aware of. >> there is four legs of what china is doing in the capital mark totes damage our interests. the most of obvious is the china hustle. you have had literally hundreds of fraud lifts from china, raising steel tens of billions of dollars and nobody from the china side has been punished. but also on the u.s. side, we are financing alibaba and baidu and other chinese companies fact inquiring key technologies from the u.s. we are using the markets to finance the degradation of our strategic technologying advantage. lots of money in the index funds are indiscriminately buying into

stock manipulation and frauds, once again transferring i.s. wealth. fourth leg is in hong kong where we have seen companies that receive illegal state subsidies to dump their products in the u.s. are committing significant stock fraud to lure western money into the equity markets to provide a further subsidy to help dump their product. so those are the four areas i can see from my perch. maria: the administration has been using tariffs as a way to get china to stop its behavior in terms of stealing i.p. and forcing the transfer of technology. and chain today is retaliating. are tariffs the right tool for this administration to use to get china to change its behavior and bad practices? >> my view, that's not going to be enough. if we are talking purely on tornado issues, i have a view

that possibly differs from many of the people in the administration. i do think the international trading system is a very good system. we built it in our image. there is one major player at the table who did not play by the rules. so from my perspective much more coordinated or concerted action by the other major trading nations to force china to play by the rules would be helpful. maria: doesn't this open u.s. up to upset? china has been such an important market for u.s. companies. even those fraud there is and the chinese won't allow real access. you have to own 49% of a joint venture and partner up with a chinese company. but the chinese market is important for american companies. if we start pushing back on chinese listings, doesn't that hurt american companies.

>> one of the things we need to talk about in this conversation with china and the u.s., in order to realign things to benefit the u.s. long term or counteract the detriment to the u.s. long term, there will be short-term pain. maria: carson, great to have you on the program. thank you so much. more "wall street" when we come right back. >> announcer: the global economy is steadily growing. the fact is, there are over ninety-six hundred roads named "park" in the u.s. it's america's most popular street name. but allstate agents know that's where the similarity stops. if you're on park street in reno, nevada, the high winds of the washoe zephyr could damage your siding. and that's very different than living on park ave in sheboygan, wisconsin, where ice dams could cause water damage. but no matter what park you live on, one of 10,000 local allstate agents knows yours.

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maria: the carlisle group's kewsong lee has emerged as a player in the world of technology. the firm allowanced lee and glenn youngkin would take over

the day-to-day management. it just closed its biggest fund yet, raising $18 million from investors. thanks for joining us. we have 300 companies to look at under the umbrella of the carlisle group. i want to get your take of our seeing from those companies you own, and what that tells us about the broader economy. >> it's a great question. we have a really good sense for what's happening in the global economy. it's still steady growing but we are see something interesting things. it seems like the u.s. is stronger now than it was last year. i would say we would it at 3 to 3.5% growth. it feels like china is still growing has slowed down a bit. instead of growing at 6%. it's 5 to 6.

in europe what we are seeing is unlike last year with we were seeing trend at 2.5%. it's slowed a little bit and we are seeing it in the 2%. the u.s. is the strongest relative to the other economies. we are seeing a little bit of a slowdown. maria: europe was a place we were all very happy about,.5% growth. we were -- 2.5% growth. has this anything to do with the tariffs? china has been growing for so long. >> great question. i think in china what happened is i think there has been a bump down in consumer confidence because of all the trade and tariff talk and the constant drum beat. the chinese stock markets are off 20%.

real estate hasn't gone up. so we see a little bit of a pullback in china. in europe it's a combination of lower spending. you can't help but think brexit is having an impact. but what's interesting, that sets the stage for potentially divergent central bank policy. we are seeing that now. in the united states the fed is on a mission of raising rates. we think there will be two -- rates will rise two times between now and the end of the year. china is actually easing. if you think about their equivalent of libor. it's gone to great than 3%. so they are going to the opposite direction. the ecb in europe, it feels to me that they are trying to figure it out. it appears to be a look and see

approach. they are trying to position themselves to maybe raise rates in the future. but they are in between what chain today and the u.s. are doing. maria: the narrative of things slowing down in the next couple years has to do with the federal research of raising interest rates. as we see the tariffs take effect, it will affect margin. >> input prices are starting to pick up from wages, transportation, logistics. we are seeing that happening. the $64,000 question will be can corporations push through higher input prices. if they can you will see broader inflationary tendency. if they can't, you will see corporate earnings get hit. maria: when we come back i want to ask you about how you allocated capital today. and now that you are seeing this change in terms after slowdown

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its a new kind of network designed to save you money. click, call or visit a store today. maria: we have a special guest. kewsong lee the co-ceo of the carlisle group is with us. we saw a greats earnings period in the united states.

20% growth in profits. the gdp was higher than expected. how are you allocating capital. >> when you have a strong economic environment, that does not necessarily translate into a good investing environment. valuations with pretty much high across the board. the most of important thing to understand about private equity and capital is the nature of our returns has changed over the past 20 years. it used to be you buy low and sell high. or you put leverage on it and because of financial leverage you could juice up the returns on the equity. it turns out at least at carlisle. 60% to 70% are generated by fund atal top-line growth, efficiency, corporate improvement.

creating value. the nature of the job has changed. in terms where we are seeing opportunity. we have the luxury of taking a long-term orientation. we are of the view, we have to be able to drive the value improvement because we are paying up for these companies. nobody is getting great bargains or deals in today's market. we see great deals in chain today and carve-outs and large transactions out of corporations. and we are seeing an interesting genre of deals where there are private companies, they would have accessed the market 10 years ago, but they feel that partnering with private capital is a much better way to go. so we are seeing growth opportunities in a later stage large private companies that continue to want to be private.

maria: it feels like more and more companies don't want to be public. >> at its fleak was almost 700ipos. today, 120. so dramatically down. throughout the world you are seeing public equities fall in terms of the number of stocks available to be purchased. so have much i think the role of private capital is expanding. that doesn't mean there isn't a role for public capital. but we can provide so many more solutions in terms of helping management companies grow their businesses that there is a value add we provide partnering with these private companies, enabling them continue their growth without the scrutiny of being public. maria: you had your hand in energy, are you still expecting oil prices to be up and frack

and gasoline development, is that one of your big focuses? >> i'm not and predictor of oil or gas, but there was a tremendous pullback out of the energy sector. we think the sector is still under invested for the capacity it does need to provide. i think there are opportunities broadly speaking in energy. maria: what are the industries? >> healthcare in general globally is tremendous. clearly the convergence of technology into the consumer business services even industrial sectors all present tremendous opportunities. maria: technology is changer industry. >> we have a saying at carlisle, there is no deal that is not a technology deal. maria: given the growth levels are not as high as we thought they would be at this point -- >> we do not think of investing

from a top-down perspective. we say let's allocate x, y and z. investment thesis by investment thesis approach. my question would be no. we see plenty of opportunities in europe. it's a matter of finding the right management company. maria: china, you know this region well. we were questioning 6% growth anyway. but when i hear 5% as it relates to china. i think something has materially changed. >> i do think that it's a smaller economy in the united states. relatively speaking the tariffs will probably hurt china more than the united states in terms of aggregate numbers. there has been a drop in confidence in the consumer

sector. you have to imagine that in combination with the wealth necks where the markets are down and real estate prices have gone up. china has been an amazing success story it's grown unbelievably well for so many decades. 5% ain't bad. maria: congratulations for your success. success. kewsong lee joining still a chance here. it's willingham, edge of the box, willingham shoots... goooooooaaaaaaaallllllll! that...was...magic. willingham tucks it in and puts the championship to bed. sweet dreams, nighty night. as long as soccer players celebrate with a slide, you can count on geico saving folks money. fifteen minutes could save you fifteen percent or more on car insurance. pressure, what pressure? the players on the... when it's too cold for camping, we go camping.

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maria: a look at some of the big market events that could impact your money. monday kicks off the week with tyson foods, and marriott all reporting second quarter earnings. tuesday we'll get economic reports. the jobs openings report and consumer credit tuesday. big media companies reporting their earnings tuesday. and disney are due out with quarterly numbers.

analysts will be watching for details on the impending deal. speaking of 21st century fox. the parent company will report the next day. michael kors and prudential all out thursday. news corporation, viacom, and the weekly jobless numbers. wrapping things up friday investors get a look at the federal budget and the consumer price index. coming up next week jpmorgan chase's chief economist anthony chan is with us. we have a big show with congressman peter king and joe lieberman talking to me about

iran. weekdays at 6:00 to 9:00 a.m. eastern for "morntio >> 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. thanks for joining us. i'm bob massi. one of the greatest aspects of the internet is its ability to connect people to each other. it's now changing how people use their homes, with countless sites popping up that allow you to turn your property into a short-term rental. >> it was born out of, uh, just an idea of -- of renting out a couch. it facilitates a transaction between host and travelers. and, uh, now it's just exploded. >> there's homeaway, flipkey, vrbo, roomorama, and, of course, the biggest and most well-known, airbnb. >> airbnb redefined and expanded room capacity throughout the world. it shifted the economic models of the lodging

and travel industries and tourism destinations. >> the growth of airbnb has been staggering. >> two million rooms. if you take a look at marriott, they have maybe 750,000 rooms. scaled very, very fast over a very short period of time. >> bob cox had a large shed on his desert property outside of cave creek, arizona. he decided to turn it into a rustic yet modern cabin. >> the floor is recycled pallet wood. this is a door from an industrial building in downtown phoenix. >> he tore out much of the walls and installed garage doors on both sides, which open up to completely bring the nature in. >> the concept here with the kitchen is have an open plan so that you can prepare a meal here. and your guests can sit at the stools. so you've got this interactive indoor/outdoor kitchen. >> bob listed the cabin on airbnb

and says that it's been great. >> people who've stayed here have a unique experience. they have the openness of the house. they can eat outside. >> he says so far every guest who has stayed here has been wonderful. and they have really enjoyed it. >> some of my guests say this has been the best experience of their life. it's that unique. you can go to the grocery store. you can go to the restaurants that are 5 minutes away. there's the same exposure to the area, but the privacy of being in your own space. there's a fireplace stove. there's an outdoor fire pit. there's horseshoe pits. >> the cabin provides a truly authentic and private desert getaway. >> almost everybody that's stayed here likes to hike, enjoys wildlife, enjoys the desert. >> you have an authentic experience that you're not gonna get from a hotel that's downtown. it's out in the surrounding community. and many folks really appreciate that.

>> some people just can't handle the thought of strangers living in their homes, while others embrace it. >> i'm really open to having people stay in my home because it's just stuff. it's all replaceable. >> rachel hillis and her family often rent their house out through airbnb. >> i am so thankful for this website because by opening up our home, that gives us the ability then to go and travel, which i think is key to a family. >> they have traveled all over the world, staying at other people's homes. >> one of the trips that i loved was when we went to florence as a family. we were able to rent an amazing castle for about $145 a night. we each got our own rooms. >> so how does it work? >> you have to fill out a profile. there's gonna be a list of possible places with descriptions and something about the host. and you can read through what people have posted so you feel comfortable. >> i stayed the first time in paris using airbnb.

and it was a really easy process. just clicked on, um, the map of paris and clicked where i wanted to stay. >> and there are many people out there who feel like you can't really get to experience an area by staying at a hotel. >> i can do laundry, have my own bathroom. i could open up the windows and see the neighborhood. that truly made me feel like i was in paris. >> what's really critical is trust in this whole process. >> when first meeting our visitors, we meet them at the door, show 'em around the house. >> i've had absolutely no problems. all the people have left the cabin the way they found it. >> this is our welcome book that we created, our family picture. and then a list of area foods and drink places, our favorite places to go. >> airbnb is a unique culture, i think. part of it is the way guests review the host, and host reviews the guest. >> so it keeps it honest

for both of the people. >> if you're thinking of doing this, you have to check the rules of your apartment complex, hoa, and local government laws. it's all very new. but suddenly, the laws are catching up. >> every state, every locality could be very different in terms of -- of their rules and regulations. so you really have to be on top of that. in the state of arizona, the governor recognizes that this could be a great revenue generator. but in other places, it could be up to, you know, your hoa, your city. it could be your lease agreement. >> san francisco law currently states that you can only rent out your own primary residence. airbnb recently agreed to crack down on people listing multiple homes in san francisco and said it will kick hosts off the site who turn homes into private hotels. cities like new york have banned rentals of less than 30 days to try and crack down. like uber drivers who are suddenly caught between

being a carpool and a taxicab, people now are finding themselves to almost be amateur hotel operators. >> you know, you're like a quasi-professional because you're not a business. you're not a person. you're kind of in between. so you -- you've gotta be familiar with the laws and the rules and the regulations. so the hotel competitors are just going to have to figure out how are they gonna compete. they may get into shared alternative accommodations. and the chess moves are on. >> up next, i'll take you behind the scenes of this national historic landmark that may have changed the way you live without you even knowing it, the home of legendary architect frank lloyd wright. ♪

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>> welcome back. i'm bob massi, the property man. ask any american to name a famous architect, and i'll bet you hear only one name -- frank lloyd wright.

>> considered the greatest american architect, his concepts on how we live, how homes are designed, uh, it was really revolutionary. >> wright was born in 1867 and was already working as an architect by the time he was 20. over the next 70 years, he designed pretty much anything you can think of -- residential homes, schools, churches, skyscrapers, even museums, like new york's guggenheim. >> he started practicing in the late 1800s. and he really broke away from the traditional models. >> he really changed the way things were built and how people lived in america. >> in the 1800s, victorian homes were what wright called boxes within boxes. square house, square room. you open a door, go into the next square room. he blew all of that open. >> wright wanted buildings in the united states to have their own character, one uniquely american. so in 1937, he bought 160 acres of land in arizona

and built what he called his winter camp, taliesin west, right here in scottsdale, arizona. >> he had been here in the '20s working on the arizona biltmore hotel. uh, fell in love with the desert. it was just -- for him, it was just pure geometry. the rocks of the mountain, the form of the plants. this was his laboratory. it was a place where he came and experimented with architecture. >> today it is the home of frank lloyd wright school of architecture and the frank lloyd wright foundation. and the property itself, it's a work of art. >> wright built to the human scale. everything in the desert is low. the trees are low. um, so his buildings are low. he also uses the low ceilings to kinda push you through spaces, right, at an entrance, drop the entry real low. and that helps push you into the space. it's a little technique he called compression and release. we call this the garden room because you sit on the bench here, and it frames the view of the mountains, uh, in the distance.

it captures the garden. he uses a japanese technique called the borrowed landscape. >> he lived the way he believed. and he designed the way he felt things should look. >> it almost like a seamless transition between outdoor and indoor. >> even if you didn't know what he did, it was -- from when i was a kid, frank lloyd wright, you knew this guy was an icon. and why did he become such an icon? >> well, you know, i think he was a bigger-than-life personality. he really wanted to revolutionize the way americans lived. >> you hear about people that write music, and it's always in their mind, the lyrics and the sound. when you see the things he designed, it's gotta be the same type of genius. >> he would walk around and just create the whole building in his head. then he'd go into the drafting studio, sit down at the table, and just pour it all out. >> the entire compound sprawls over 491 acres and was constructed over a span of 20 years by wright and his apprentices. >> so this is the drafting studio. this is where the guggenheim was designed.

during the depression years, he didn't have a lot of work. his wife said, "if you can't create architecture, why not create architects?" and so he started the school. when you come to taliesin to study, you're fully immersed in architecture. uh, you're living it every day. you'll see the students working in the drafting studio, uh, cooking in the kitchen, setting the dining room. and the students have been working in this space, the apprentices, uh, continually since 1932. you know, they're learning by being completely immersed in the, uh, the buildings of taliesin and taliesin west. >> talk about immersive learning. just as they did in the beginning, the students live in the desert. instructors, they make themselves. >> when wright first came here in -- in 1938, there was nothing here. so he purchased these canvas tents for the apprentices to live in while they constructed taliesin west. as they had free time, they would expand on the tent. maybe add a wall, add a concrete floor, until it kind of grew into a shelter.

and then this tradition continues on in our school. the students build their own shelters. >> we live out in the desert. and that's a way of engaging with the natural environment and knowing how to respond to the climate through architecture by living in it and being subjected to it day after day after day. >> over time, taliesin west expanded to include studios and performance spaces. he designed the music pavilion. >> music and dance were always an important part of the community. uh, this building was constructed in 1956. the apprentices would, uh, put on a performance, open it to the public. uh, you could come up and see the show. this is the cabaret theater. after world war ii, wright, uh, in 1950 constructed the cabaret. it's built down into the ground. it's a wonderfully acoustic space. >> from any spot in the theater, you can hear even the tiniest whisper coming from on stage. >> it's all concrete. but there's no echo. and you can't design a commercial kitchen if you've never worked in a commercial kitchen. you can't design a restaurant if you've never served. so on these formal evenings

that they would have, the apprentices were in charge of making the meals, serving the meals, uh, setting the, uh, tables. >> you have to understand what you're doing. and the best way to do it is just do it. the signature feel of taliesin west is desert intensified. >> he wanted taliesin west to feel like it had just grown out of the desert and it kind of had been here for all time. if you kind of look at these masonry walls, and you looked at the floor of the desert, and you just imagine tilting up the floor, that's what these walls represent. >> taliesin west is preserved as a national historic landmark. and members of the public arrive every day for guided tours. >> we have over 100,000 visitors a year that come through and get to experience this jewel that wright created in the sonoran desert. >> up next, i received an e-mail from a couple who's been trying to buy a home in a short sell, but getting the runaround from the bank. i'll go meet with them, next. my father passed this truck down to me,

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make it better with audible. text summer15 to 500500 to start listening today. >> welcome back. i'm bob massi, the property man. i received a letter from a couple named noreen and shawn in tucson, arizona. nearly a year ago, they put in an offer on a house that is listed for a short sell. >> it's a property i used to play when i was a -- a child, 7, 8 years old. >> lot of memories. >> lot of memories. >> lot of good memories. >> yes. >> the property that they want was bought by the current owner in 2006 for $600,000, right before the housing market collapsed. it's now worth just a little over half that. >> he had a situation, losing his job. so they tried everything they could to keep the property. but they realized how much we care about it, and that we're gonna take care of it. >> now, to your knowledge,

when was the -- i understand that they vacated the property. how long ago? >> goin' on 2 years. >> they haven't even made payments for a couple years? >> correct. >> the home has been empty for 2 years and is slowly falling apart. >> it's dilapidated. there is no landscaping. >> it's horrible. >> mother earth has taken over, if you will. >> now a short sell is when you're selling a piece of property for a value less than what's owed. chase bank serviced the mortgage. but the actual note was owned by fannie mae. noreen and shawn put in an offer. but the same day, the note was sold. >> at which time, when fannie mae realized they made a mistake, there was an offer on the table. they had to buy it back. >> and over the course of a few months, noreen and shawn went back and forth to the bank with offers and counteroffers. >> so much frustration. lot of emotions. >> we're -- we're just a -- a -- a piece of paper on somebody's desk. they don't know us. they don't care about us.

>> finally, an offer was accepted. but the same day noreen and shawn sent in their signed paperwork, the note was sold yet again. >> the owner accepted it. we accepted it. we all signed on it. the bank didn't. at which time, they sold it again. it's been, uh, an emotional roller-coaster. we have storage units full. we're -- we're ready to go. and, uh, this house, this note, the piece of paper just gets shifted from, uh, financial institution to another one to another one. >> even though the seller agreed to their offer, it still has to be proved by the new holder of the note. the seller really wants you to have this property. >> because he knows i'm passionate about this property. >> because of the history of it. >> because of the history. he knows i'll take care of it. he's a great guy. >> here's a perfect example of two people who've had a meeting of the minds, the seller and the buyer. you're willing to pay. he's willing to sell.

but in this situation, we have a third party involved, which is why the short sell process is so frustrating. >> we've been in this process for 7 months now. >> so in 7 months, you've literally had three servicers of this loan... >> yes. >> ...that you've had to try to negotiate with. >> yes. >> correct. >> there's also a second mortgage and a judgment on the property. >> the judgment they've negotiated with. they're willin' to go away for a sum of money. >> okay. >> they're gonna have to negotiate with the second. they don't seem to be budging. >> even if the second mortgage decides and says, "we'll take $10,000 to write it off." let's say they owe 200,000. the big issue for the seller is, will that first and second mortgage waive the balance as what's owed on that property? remember, on a short sell, assuming the lender agrees to sell the property for less than what's owed, the key for the seller is that deficiency, the difference between the actual value

received and the money owed is what you wanna have waived. it's the second mortgage that has many times caused the problem. so if -- if they accept it, and they waive, you got a deal. then you close escrow. and life is good. you get the property. the seller walks away from the debt. and that's it. if, on the other hand, the answer's no, the answer is no. >> right. >> and the frustrating part for so many americans that went through this process is they saw a ready, able, willing buyer that made a good offer on that property. the lender turned it down, foreclosed on the property, and sold it for less than what the offer was in a short sell. don't even ask me to explain why and how. it makes no sense. >> my vision is a wraparound porch around the whole thing. this house could be so beautiful. >> i can feel the emotion in your voice. and i don't know how you walk away from this and --

and how you're dealing with the idea that you may not get this. >> i'll get it. it saddens me every day that i drive by this property, knowin' it's not bein' taken care of, bob. if you come back in a year or 18 months, after i'm in here, you wouldn't believe your eyes. >> we're going to follow shawn and noreen's story. and we'll let you know if they're ever able to get this property. -i've seen lots of homes helping new customers bundle and save big, but now it's time to find my dream abode. -right away, i could tell his priorities were a little unorthodox. -keep going. stop. a little bit down. stop. back up again. is this adequate sunlight for a komodo dragon? -yeah. -sure, i want that discount on car insurance just for owning a home, but i'm not compromising. -you're taking a shower? -water pressure's crucial, scott! it's like they say -- location, location, koi pond. -they don't say that. copd makes it hard to breathe.

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>> time now for the massi memo. i received an e-mail from john. it was his first house he bought in texas. his mother flew down to help him set up the house. and when they were in the kitchen, john's mom said, "you know, this kitchen's very dark. what's the story?" so they started walkin' around the house. there's two windows on the outside part of the house that was covered with bricks. and the inside of the house, where the kitchen is, the cabinets covered up the windows. what's amazing is, probably in his excitement of buying a home for the first time, and it happens to all of us, they never saw it. so we're starting a new segment on "the property man" called property bloopers. so send us your pictures of any property bloopers to propertyman@foxnews.com. can't wait to see them. 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... and don't forget to check us out on facebook and twitter.

there's also plenty more information and videos on our website... >> he was the man who had everything... >> this has about 750 to 800 horsepower. >> ...but never enough of these. >> he told me he was bringing in about one tank a week. >> i imagine a small country could win a war with these. >> yeah, i hear that a lot. >> my dad started a tradition of getting an old, beat-up car, and then he would crush it with a tank in the field out here. >> his death puts his heirs on a mission. >> is this what your dad would want? >> you push up on that. >> start. [ engine turns over ] >> just like that, she comes to life. >> and talk about sticker-shock and awe. >> was the auction a nail-biter? >> you bet it was. >> $300,000. $350,000. sold. ♪