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In this video, Spencer Burton introduces Ron Rohde, a legal expert specializing in real estate. Ron will guide viewers through creating a waterfall template for a partnership agreement, responding to many requests from the audience. This document is essential for defining the rights and responsibilities of both parties involved in a partnership, typically between a general partner and a limited partner. It outlines investment terms and the return of capital upon reaching specific thresholds. Additionally, Ron emphasizes the importance of understanding the legal implications of the document, and he is joined by Matthew Green, a seasoned real estate analyst and acquisitions expert, to provide further insights.
