I'm sorry if this has been discussed elsewhere, I couldn't find a thread that dealt with my particular situation.
I am the owner of a 2 bedroom apartment. I live in the apartment and nowadays rent the spare room to longer-term tenants/housemates. I used to rent the spare bedroom on Airbnb, and still do every now and then when I am between tenants . My long-term tenants get the same benefits as my airbnb guests - fully furnished room, linen and towels, etc. but at a long-term local rental market price and with certain expenses shared (electricity, gas, water, internet). My current tenant's lease ends 31 January 2020. He approached me and stated that he wishes to go on holiday for November and December, and asked if I would rent the room on Airbnb to save him the two month's rent.
I am feeling conflicted by this prospect ... my gut-feeling is discomfort but I'm not 100% sure why, or whether I should be..
My first thought is, sure why not - if I can cover his rent and make some extra cash, what's the problem?
But what if I don't get enough bookings to cover his rent? Does he then expect that income should still go towards covering part of his rent whilst I had to do all the admin?
The whole reason I changed to longer-term tenants is because it can be hard work to play host all the time and the income is irregular.
I would not be hosting because I had planned to do it, for my own benefit alone.
I'd be doing it because my tenant has created the situation.
He's off having a nice holiday and getting me to organise how and whether his rent is covered.
What if I get more than enough bookings to cover his rent? It's my place, my furniture, my linen, me hosting, me that has to share the space with strangers - why should he get anything?
What amount of profit would make it worth my while? Should I offer him a discount on his rent with certain conditions? For example: If I get enough bookings to cover his rent and make x amount profit, then he gets a 50% (?) discount?
Has anyone been in this situation? Any suggestions or advice would be greatly appreciated.