Performance Anxiety: Creating A Fortune Investing In Non-Performing Real Estate Loans Paperback – March 18, 2014

This is a superbly written book! It is amazingly clear & feels like an in-person conversation with the author. Although I am a residential real estate broker, I had no interest in getting into the line of business discussed in this book, but I thought I'd read a few pages to learn a bit more. I ended up reading the entire book in an hour because it was so well constructed, so well written, & because it moved along so swiftly. I know Gordon Moss professionally through my real estate work & he is, in person, exactly as he speaks in this book - authentic, tactful, amazingly knowledgeable, good-natured, but softly very firm. It's no surprise he's been so successful & this gem of book shows exactly how he does it. Bravo Gordon! Note: This review is by Scott Peck (signed in as his wife, Shannon Peck).

Gordon's book Performance Anxiety is good for getting the VERY basics down of note buying and junior liens in particular. So if you knew nothing about the note business this book is very good to explain things.Since I am very familiar with buying notes and have purchased 1st position non-performing notes this book did not introduce anything new to me. I have wanted to get into 2nds for a while but I was expecting DETAILS on how to analyze a junior lien depending on what strategy I may be interested in. For example, I the property has equity and the 1st position is performing, then explain in detail how to conduct due diligence on the second. like how to pull credit reports what items may be of interest as to the type of 2nd, etc. Gordon alluded to these but did not got into a step by step process of how it was done.So if you are interested in understanding the basics. Buy the book. If you want an instruction guide on the system, then do not buy it.

The majority of real estate investors have only a limited understanding of the many equity and income stream plays that are available.In this book, the author lays out the opportunity in non-performing real estate secured notes as a seasoned real estate investor. This is a "back-door" real estate investment strategy known to very few.Gordon Moss obviously has first hand practical knowledge over this subject and explains the nuances very well. It is written in a manner that is easy to read and understand. I would highly recommend this book to all real estate investors.

Highly recommended!This is an outstanding book in a niche but highly profitable area. This book does a very good job of helping one get up to speed quickly. I found this book to be a great overview of the non-performing junior lien business (with more detailed explanations where required) with a great number of insights from an expert in the field. In particular, Mr. Moss focuses a large portion of the book on the "wake up" and "work out" process with the borrower because that is the most critical portion of the business. It is also the portion most unique to the junior lien business.As he explains, this is a high touch business meaning that it's a business built on developing relationships with note sellers and the non-performing borrower. What I found particularly insightful and extremely important is the paradigm shift required in this business because it is very different from the original 2nd note lender, the borrower and the first lien holder's perspective. As you read through this book, Mr. Moss reiterates that the proper perspective and attitude are everything.The book is written in a conversational style and easy to read with simple explanations. I read it on a 3 hour plane ride. In summary, if you're looking to get into the non-performing notes business, especially junior liens, then this definitely is the first book I would pick up.

This book is a very good overview of the Junior Lien note investing mechanism for wealth creation in retirement. I highly recommend it for the simple and clear language and the way the concepts are covered in depth and yet with true understanding and helpful real life illustrations from the author's expert perspective and wide experience.

Good, sound introduction to note investing. Something on advanced concepts would be in order, too.

Good book. Clearly lays out a game plan for acquiring non performing Jr. Mortgages and getting them performing again. Would have liked to seen more information or formula for determining what is a good note to buy

This book was very informative about how to purchase notes and junior liens. The Author assumed that a person starting in this business did not want to accumulate Real Estate and wanted to just service the notes when they got performing again. Since my plan is to purchase notes in my hometown of 5 Million people there is a good chance that the transaction will go 3 ways. 1. I will foreclose on them. 2.They will sell me the house as long as I make there financial nightmare go away. 3. They will make monthly payments and I will re-sell the note as a performing note at a much higher rate down the line. Before buying non-performing notes and Junior liens it is highly recommended that you have a Real Estate Attorney to generate the paperwork you will need and to help you along the way. You will need an Attorney that is familiar with the type of transactions you are doing. I would recommend getting a referral from a Real Estate investment club. This book is a must read if you want to get into Note Buying and Junior liens!