When Selling Your RI Home Makes More Sense Than Renting

On paper, renting out a property in Rhode Island can seem like a smart long-term investment. Steady rental income, rising home values, and potential tax benefits make it look like a win. But for many homeowners, the reality of being a landlord is anything but passive — and far less profitable than expected. If you’re feeling the pressure of repairs, dealing with tenants, or struggling to fill vacancies, you might be asking:
“Is it time to sell my house instead of renting it out?”

In this guide, we’ll break down the most common signs it might be smarter to sell — and how RPS Property Solutions can help you make a clean, fast, and hassle-free exit.

Why RI Homeowners Rethink Renting

Being a landlord is more demanding than it looks — especially in Rhode Island, where older housing stock often means more maintenance, and local landlord-tenant laws can complicate evictions.

From property taxes and rising insurance to repair costs and tenant turnover, many owners realize that renting isn’t passive income — it’s a full-time job. And it’s not for everyone.

Costly Repairs Are Eating Your Profits

From aging boilers and plumbing issues to outdated electrical systems, many rental homes in Rhode Island require expensive fixes to stay habitable. If you're constantly patching things up, you may be sinking thousands into a property that’s barely breaking even

Tenant Troubles Are Taking a Toll

Late rent. Property damage. Noise complaints. Eviction threats. Dealing with tenants can become a legal and emotional drain. And Rhode Island's landlord-tenant laws aren’t always favorable to landlords.

If your renters are creating more problems than profits, it may be time to offload the responsibility.

Vacancies Are Hurting Your Bottom Line

Every month your rental sits empty, you’re still on the hook for:

• Mortgage payments
  
• Property taxes
  
• Insurance
  
• Utilities
  

Whether you're renting in Providence, Cranston, or Woonsocket, prolonged vacancies can turn your "investment" into a financial burden.

The Market Is in Your Favor

The Rhode Island real estate market remains strong, especially for single-family homes in high-demand areas. If you sell now, you may be able to lock in a solid return — instead of riding out years of tenant turnover and repair bills.

Being a Landlord Doesn’t Fit Your Life Anymore

Maybe you’ve retired. Maybe you’ve relocated. Maybe you’re just tired of 2 a.m. maintenance calls and constant stress.

Whatever the reason, it’s okay to admit that landlording isn’t worth it anymore. Selling can give you peace of mind and financial freedom.

Property Managers Are Cutting Into Your ROI

Hiring a property manager might seem like a good solution — until you realize they charge 8–12% of monthly rent, not to mention markups on repairs and maintenance. That quickly eats into your profits.

If you're still not seeing decent cash flow, selling could be the smarter move.

The Numbers Don’t Add Up Anymore

Between taxes, insurance, repairs, vacancies, and fees, many RI landlords are discovering that the “passive income” just isn’t there.

If your rental property is generating more stress than income, it might be time to cash out and move on.

Frequently Asked Questions

How do I know if it’s better to sell instead of rent?
If maintenance, vacancies, or tenant issues are eating your profits or peace of mind, selling may be the right move.

Can I sell my house with tenants still living there?
Yes — at RPS Property Solutions, we buy houses with or without tenants in place. No need to evict first.

What if I still have a mortgage?
No problem. We’ll pay off your remaining mortgage at closing, and you keep the difference.

Will I lose money by selling instead of renting?
Not necessarily. In many cases, a fair cash offer and immediate closing can be more profitable than years of low or negative rental income.

Why sell to RPS Property Solutions instead of listing with an agent?
We buy houses as-is — no repairs, no agent commissions, no long wait. Just a fast, fair, and simple sale.

Done Being a Landlord in Rhode Island?

If you’re ready to stop managing tenants, repairs, and rental headaches, RPS Property Solutions is here to help.

We buy rental properties across Rhode Island in any condition, with or without tenants, and close on your timeline. No fees. No surprises. Just a smooth sale and cash in your hand.

📞 Call us today or fill out our quick form for a no-obligation cash offer on your rental property.