The worldwide economic slowdown, as well as high interest rates and skyrocketing food prices, has resulted in consumers having less and less disposable income available. Meeting one’s monthly expenses has become increasingly difficult for many and necessitated a more prudent approach to managing household expenses.

Internationale de Football Association’s (FIFA) first-time decision to allow non-hotel accommodation facilities to be made available during the 2010 world cup has prompted many South Africans to consider renting out their homes in an effort to cash in on the expected 500 000 visitors. This unique opportunity to make money does not, however, come without certain risks and proprietors-to-be should be mindful of these.