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In this video tutorial, Aaron from Time-Saving Templates demonstrates how to track rental properties using an Excel worksheet. He introduces the "System Landlords" template available at time-savingtemplates.com, which has multiple versions for different numbers of properties (5, 10, 15, 25, and 30). Each template allows users to input the name of their rental properties, helping to manage and summarize them effectively. Aaron explains the process of entering income and expense details, emphasizing the importance of entering the date and assigning standard monthly expenses to specific rental properties for accurate tracking.