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Aaron from Time-Saving Templates demonstrates how to track rental properties using an Excel worksheet. The template, available at timesavingtemplates.com, offers various versions based on the number of properties—starting from five up to 30. Each rental property has its own page where users can input the property name and standard monthly expenses. This setup allows for better organization and visibility in a summary format. Aaron emphasizes entering income details along with corresponding dates to maintain accurate records. The tutorial outlines how to effectively utilize these templates for efficient property management.