Resource Guide 4 - Self Catering Homeowner: How do you protect your interest?
Let me start by saying that the Cape Town self catering market is massive.
Cape Town is Airbnb’s biggest African city with 7 500 homes. Nights booked in South Africa have increased 259%.
We have the ability to offer 3000 places and counting.
I am sharing this to show that many people are making money already and they would not be in the market if it was a risky business. It's not risk-free. But it's better than long term.
Would they be in the business if it was a risky business?
Note: I am not intending to be your legal or insurance advisor. You need to consult with them on details related to your situation.
The next post I will share at what income can you expect?