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In this video tutorial, the creator demonstrates how to set up a brand new worksheet in a real estate financial model. They show how to build out date and period headers, as well as general formatting techniques to make worksheets efficient and easy to follow. The focus is on creating a monthly cash flow tab for a real estate financial model, with tips on formatting and modeling tricks. The creator starts by shrinking the first column to 2 pixels wide for ease of navigation without a mouse.