Beer Pong + Rental Success

The Wall Street Journal

is reporting on an oft-overlooked real estate investment: the college frat-house.

The article cites bargain prices in many Division I-A college towns filled with plenty of student renters. Also, landlords have additional measure of protection if they insist that a parent co-sign with the student renter. Given these factors, it could be a compelling reason to invest.

You don't have to be Big-Landlord-on-Campus to benefit from group living. After all, affection for beer pong can endure into the post-grad years. Just ask these commune-living yuppies.

Here are some shared housing opportunities culled from RentedSpaces's listings...