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In this video, Aaron from Time-Saving Templates demonstrates how to track rental properties using an Excel worksheet. He introduces his rental property tracking template available at timesavingtemplates.com, which has versions for different numbers of properties (5, 10, 15, 25, and 30). Each property page allows users to enter the property name for easy tracking in a summary. Users can input standard monthly expenses linked to each rental property. Aaron emphasizes the importance of recording income and expenses by entering relevant details such as the date. The tutorial aims to simplify property management for landlords through effective use of this Excel template.