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In this tutorial, Aaron from Time-Saving Templates explains how to effectively track rental properties using an Excel worksheet. He introduces a template available on his website, which comes in various versions tailored to the number of properties, ranging from five to thirty. Each property has its own dedicated page, where landlords can enter the property's name and standard monthly expenses. The income and expense details are recorded in designated areas, with a focus on including dates for accurate tracking. This structured approach aims to simplify property management for landlords.