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In this video, Clint Coons from Anderson Business Advisors discusses common mistakes people make when creating LLC operating agreements. He highlights issues that arise from using inexperienced attorneys or relying on generic online services for operating agreements. Many individuals are unaware of the contents or crucial omissions in their agreements, which can lead to complications when owning real estate or operating a business. Coons emphasizes the importance of having well-structured operating agreements tailored for real estate investors to ensure proper protection and avoid potential legal issues.