Thanks for joining us. Im bob massi. Hurricanes can cause enormous damage to both property and lives. Katrina caused more than 105 billion in damage and killed more than 1,800 people. Hurricane sandy caused 60 billion in damage. And andrew 45 billion. You want to do what you can always to protect your property and, most important, your family. Take this thing out of here. Bud dietrich is an architect who helps people design homes to keep them safe. And steve perry, one of the best Home Builders in the business, works with him to put the designs to work. If we do a major remodel on a house or do a lot of structural work on a house, typically, we will go in and do hurricane reinforcing while were doing the other improvements in the house. The Insurance Institute for business and home safety tests structures made both with common materials and stronger reinforced materials. Were able to put single and twostory homes into a very realistic hurricanetype scenario with gusty winds and realistic rain. You get those large, hurricaneforce winds. I mean, they can be 150, 180 miles an hour. It can get in there and actually rip that whole structure right apart just like a wind might affect a sail on a sailboat during a real intense gust. And what we see in the video is a home built to code, t it would be in the middle of the country, standing next to a home built to ibhs fortified building standards, which are a little more rigorous. As the wind speeds increase to the mid90 mile an hour, the gusts are starting to tear at that home, to pull it apart from the outside. The roof starts to lift off. And then, it goes away entirely. Only a few seconds later, because the house is now being pressurized by the winds, the entire house comes apart and becomes a pile of debris. The house is a system. It will either stand or fail as a system. And one part of that building envelope fails, the house is going to come apart. If we get the roofs right in this country, we think we can eliminate about half of all insured property losses in a given year. So we start with the roof as the first line of defense of any house. We want to tie the structure from the roof down to the foundation, kind of like a tree with a big, really good root structure so that, any sort of wind that gets underneath here and starts pulling things up, it has to basically pull the thing up by its roots before it can do any damage. So what we do is we put these connectors at each of one these trusses. Weve got these connectors that each of these studs to the plates here, again at the bottom plate here. And again, that gets all tied to back down in the foundation. A Building Code is the minimum building standard that will allow you to move into your home. Its really kind of scary because in no other important area of our life would we accept a minimum standard. The Building Code is gonna say, well, you dont have to have a connector at each one of these trusses or at each one of these studs. But really, it makes it that much stronger, so its code plus. Nothing is going to be hurricaneproof. But it certainly can be hurricaneresistant. Just using ring shank nails, which double the strength of connections youre already gonna make, cost about 70 to 100 for the average house. Strapping the roof to the walls, which is essential for keeping the house together about 400 to 600 for the average home. For basically 1 of the construction budget, you can actually make your house a whole lot stronger. You cant just address the roof for true disaster resilience. You need to look at the entire building envelope. Thats what we call the roof, the walls, the way the walls are tied to the foundation, the windows, the doors, the garage door. You also want to prevent things from becoming missiles. If debris or projectiles during a heavy windstorm break those windows or blow in the garage door or open the door, now, the house can be pressurized and come apart. Some people buy special storm shutters. Weve seen all the pictures of people boarding up windows with plywood. We dont need to do that anymore. In fact, the codes are mandating that all new windows and doors be called impact resistant. This glass is specially designed to be able to take impacts from any kinds of debris that might get blown into it during the hurricane. And in big storms, anything can become a missile. The potential wind here is phenomenal. So the windows must be designed to withstand a tremendous impact. Lets talk about some of the hurricane hazards stormsurge flooding, flooding from heavy rains, even tropical storms and smaller storms. They can be devastating to the property and your family. Sometimes, lower parts of the house are designed to actually blow out. So if the tidal surge comes in, you get a wave. It could actually blow part of the panels out of the lower section of the house. And theyre designed to do that. But your living space is upstairs. And it would be preserved. We have a terrible history in this country of watching Mother Nature destroy homes and businesses and communities and tear the fabric of those communities apart. And then, we want to put the same pieces back together in the same places in the same ways over and over again. Thats ridiculous. Its not resilient. What we should be doing is building forward, building better, taking that opportunity to learn from the storm, to honor the people whose homes were damaged or who were injured or even died to do things better. Theres much more information on how to fortify your house on our website, foxnews. Com propertyman, and also at disastersafety. Org. Up next jeff vinik, the owner of the Tampa Bay Lightning, is a man with a vision. Hes not content just overhauling his teams arena. Hes spending 2 billion to completely transform the city around it. [ woman vocalizing ] [alarm beep] the intelligent, allnew audi a4 is here. Aint got time to make no apologies. Incredible blnow comes with protection an incredible double your money back guarantee. Always discreet is for bladder leaks and its drier than poise. Try it, love it or get double your money back. Always discreet. Welcome back. Im bob massi. You know, there are people who are known for having bold visions. And there are people, well, they put their money where their mouth is. But jeff vinik, well, he takes both sides of those things to a completely different level. Jeff vinik is the owner of the Tampa Bay Lightning hockey team. He has already spent 62 million to upgrade amalie arena, where the lightning play. But he has set his sights way beyond the arena walls to reshaping the entire region. My wife said it best. Wed been down here a few years living. And she said, where do people gather in tampa . Theres really no one central Gathering Spot where people who live, people who work, people who visit, people who go to the arena, people who want outdoors activities, people who want to be on the water. That doesnt exist here. Viniks bold multibillion dollar plan, well, hes gonna develop more than 40 acres of land around the arena along tampas waterfront, nearly 3 million square feet. Its remarkably thoughtful vision that really starts with a unification of the waterfront. Tampa historically turned its back on the water. Weve been able to accumulate 40 acres, downtown lots surrounded by water on three sides. Vinik is reinventing downtown tampa. Hes basically adding everything new residential buildings, retail stores, corporate offices, recreational areas plus the university of south Florida Medical school. It brings everything that tampa has always aspired and wanted to be to reality and fruition. Imagine a grand Entertainment District where Everyone Wants to live and work and, you know, a uniquely walkable district with a trolley that runs through it. For decades, the area around the arena, well, was somewhat industrial and very blighted. This was the banana docks, the phosphate docks. So for many, many years, this was really a rundown district. Now, vinik, well, he wants people not to just visit. He wants them to live here. He wants them to work here. He wants them to play here. If you live here, you will have a supermarket to go to. You will have a cleaners to go to, a bar that you want to go to, restaurants, et cetera. If you work here, you will have entertainment options. Youll have places to go to lunch. When its finished, well, they say its gonna generate 900 million of annual economic output and thousands of jobs. They project 3,700 direct jobs, each earning an average of 78,000 a year. What you see today is nothing short of a blighted district with a lot of failed intersections and cars going too fast. What you will see is gonna be a unique commitment to public infrastructure. The city has begun this massive task. Theyre revamping the infrastructure to accommodate this project. Well, its gonna take up to a decade to complete. Underground utilities, allnew water sewer so that every parcel will really be plugandplay. You wont have to tear up another street to do development should it occur in the future. Vinik quietly started buying up the real estate around the arena just as the economy tanked back in 08 and 09. It was the 2008, 2010 recession. Piece of property across the street from the arena came for sale. We were able to quietly purchase it. And then, a contiguous piece became available. And we were really able to get 70 , 80 of the property with really out anybody noticing it. This is something that doesnt exist in most places. We have a blank canvas on which to build. There is a welldocumented move back down to the urban core, where people want to be living closer to other people nearby. Neighborhoods. Neighborhoods. They want interaction between two people. They want to sit down in a coffee shop and discuss world events with somebody. Community, let me tell you, thats what vinik is all about. And this guy puts his money exactly where his mouth is. The Lightning Community is in our dna, and we try to be as involved as we can. Along with his wife, penny, well, they launched the Lightning CommunityHeroes Program to distribute 10 million to deserving heroes and nonprofits throughout the Tampa Bay Community with 50,000 being given out at each home game. Were announcing a venture between the nhl, the nhl players association, the Tampa Bay Lightning foundation. Vinik recently announced a new 6 million fiveyear program to expand youth hockey, which will reach more than 100,000 kids in the community. The sticks with instructions, with more playing ice hockey, with street hockey leagues. Plus, lightning players will work with atrisk youth, instructing them in hockey and in life. Theres many people, men and women alike, who have been blessed to have the success that youve had. And understanding with the tampa theres some people that would say, you know what . I had success. Im gonna live my life. Im gonna enjoy, travel the world. And yet you decided this is something you want to do. My plan was to come to florida to relax, to travel, to enjoy hockey games. And before you know it, weve got a multibillion dollar realestate Development Going on. You become part of a community and just feel the excitement of it. And we had the opportunity to really move the needle here. This is about elevating this whole region because i think tampa and this whole tampa bay area is one of the bestkept secrets there is. Still to come i received a letter from a veteran who returned from afghanistan only to have trouble finding work. Hes fighting to get the bank to reduce his Interest Rate so he can keep his home. Is there any way to do that . Well, ill pay him a visit next. [ woman vocalizing ] i donor wonder whether i theshould seek treatment. C. I am ready. Because today theres harvoni. A revolutionary treatment for the most common type of chronic hepatitis c. Harvoni is proven to cure up to 99 of patients whove had no prior treatment. It transformed treatment as the first cure thats one pill, once a day for 12 weeks. Certain patients can be cured with just 8 weeks of harvoni. Harvoni is a simple treatment regimen thats been prescribed to more than a quarter of a million patients. Tell your doctor if youve had a liver transplant, other liver or kidney problems, hiv, or any other medical conditions, and about all the medicines you take including herbal supplements. Taking amiodarone with harvoni may cause a serious slowing of your heart rate. Common side effects of harvoni may include tiredness, headache and weakness. I am ready to put hep c behind me. I am ready to be cured. Are you ready . Ask your hep c specialist if harvoni is right for you. Welcome back. Im bob massi. I got an email from a man named david, a great american, a recently retired u. S. Navy senior chief intel officer. He needs some advice. Im going to try to go to him and help him out. Were gonna go meet david, 29 years military man, stuck in a situation where hes trying to refinance his home. And unfortunately, the lenders just arent allowing it to happen. Good to meet you. Lets sit down and see if we can help you out with this situation. Okay. He returned from afghanistan in late 2012 and had trouble finding work as so many veterans had. So he opted to go back to school to better himself. And since 2013, well, hes been asking his Mortgage Company to refinance. And guess what no luck. Okay. And then, we can talk about what your alternatives are. Sure. So he contacted all of the various va homeloanguaranteed banks. But none will even talk about refinancing his loans. Why . Because hes not employed. Without a regular job and a regular income, they wouldnt even consider it. So there was no point. Youre generating revenue from your gi bill and from i believe you said you have disability. Thats correct. What did they tell you about the revenue you are getting . They dont consider anything from the va as valid income because it can change so rapidly. You pay your bills every month. Youre current on your payments. Absolutely. And, of course, you heard about this in the past several years about people have to, you know, basically go delinquent on their payments to get any help. Right. Exactly. Which youre not going to do. No, im not. This man has an outstanding credit rating, never been late on any bills, never defaulted on a loan, has no debt other than his mortgage and a heloc and equity line. Together, it adds up to about 180,000. And guess what, guys. The house is worth 300,000. So he has decent equity in his home. I just wish they would look at the whole picture. Theyre looking at numbers. And theyre looking at spreadsheets. Theyre not really looking at the person. Ould default tomorrow. Right. If they foreclosed on it, even with the mortgages, theyre gonna get all their money out. These homes in this area are very valuable. And i know there wouldnt be any risk for a lender. But, again, they dont look at the whole big picture. The First Mortgage is at. Hes using savings, as so Many Americans have done, but its not enough. I dont want to wait until its gone before i make some, you know, serious decisions about my future. Many americans, veterans and otherwise, to save their home went through retirement savings, you know, liquidated other assets to keep their home only ultimately to lose it. Right. At least in your situation, if you sell it, you walk away with some money. Thats correct. Unfortunately, david, your situations very narrow as to what you can do. Right. Sure. He can do nothing, pay the bills using his savings and hope, of course, that the value of the property goes up. Even though youre spending money to keep it, youre probably gonna recoup it on the back end. He could find a cosigner. Thats not an easy thing to do because youre literally going and asking someone, will you take the same risk that i want . Have you thought about talking to somebody close to you that would maybe cosign for refinance or guarantee your loan . Not really. If i got to that point, i wouldnt ask anybody for money. I would probably just sell the property. Dont sell your property until you have a job. [ laughs ] right. Because even if you pick up lets say 100,000 from the sale and you want to go buy something wherever you want to buy, you still have to have a stream of income. You also have the right to ask somebody to be a guarantor. A guarantor is a little different, where they only come to you as a guarantor after somebodys defaulted and cant pay it. In this situation, youve got equity. Right. So even if somebody went and guarantored your property, theyre gonna get all their money back. Or, of course, lastly, sell the home, take the equity, guess what go rent a place until he gets a job. And then, he can go qualify, hopefully, for a new loan. By the way, continue to be proactive with lenders. Theres new programs that come up literally every month. Heres the frustrating part of this dialogue. On the property man, weve covered so many topics. Some homeowners, theyve lived in their homes for years and never made a payment, and the house is underwater. Here, we have a great american. We have a veteran. Hes never been late on his payment, going through his savings, and he cant get any help at all. Just doesnt seem right. Up next, in the massi memo, im gonna review the options for people like david who are looking to refinance. Plus, im gonna give you more tips on fortifying your home. So stick around. [ woman vocalizing ] i have asthma. One of many pieces in my life. So when my asthma symptoms kept coming back on my longterm control medicine. I talked to my doctor and found a missing piece in my asthma treatment with breo. Oncedaily breo prevents asthma symptoms. Breo is for adults with asthma not well controlled on a longterm asthma control medicine, like an inhaled corticosteroid. Breo wont replace a rescue inhaler for sudden breathing problems. Breo opens up airways to help improve breathing for a full 24 hours. Breo contains a type of medicine that increases the risk of death from asthma problems and may increase the risk of hospitalization in children and adolescents. Breo is not for people whose asthma is well controlled on a longterm asthma control medicine, like an inhaled corticosteroid. Once your asthma is well controlled, your doctor will decide if you can stop breo and prescribe a different asthma control medicine, like an inhaled corticosteroid. Do not take breo more than prescribed. See your doctor if your asthma does not improve or gets worse. Ask your doctor if 24hour breo could be a missing piece for you. See if youre eligible for 12 months free at mybreo. Com. When they thought they should westart saving for retirement. Le then we asked some older people when they