I transform garages into rentals so homeowners can make passive income

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I transform garages into upscale apartments so homeowners can rent them out and make passive income

This as-told-to essay is based on a conversation with Rebecca Möller, 64, the founder of Symbihom, a company that transforms garages in the San Francisco Bay Area into apartments that homeowners can then rent out to tenants. In that part of California, these units are often called accessory dwelling units, or ADUs, because they are additional homes built on the same lot as the primary residence.

I got my first investors in May of 2021, and then I built my first model. The walls are proprietary modular panels, constructed off-site by a prefab factory, and already have electrical and plumbing inside. They clip in place on a concrete floor, and then they are strapped up above. I use power and water from the house itself.

I was born in North Texas. I went to the University of Texas-Arlington to get my undergraduate in civil engineering but didn't become a professional engineer. Instead, I started my real-estate career in construction in a globalThe first contractor I went to work with was the largest in Dallas. I was putting 55-story buildings together, mixed-use properties and hotels.

My studio accessory dwelling unit is anywhere from 170 square feet to 400 square feet for a one-car garage or a small two-car garage. My one- or two-bedroom ADU can range anywhere from a 420-square-foot unit in a large two-car garage to a 1,200-square-foot unit in a three-car garage. Courtesy of Rebecca Möller /Symbihom

 

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