Chief Operating Officer @ Real Estate Investment Firm
Job Title: Chief Operating Officer
Location: Cleveland, OH (Hybrid; travel OK)
Our client is a dynamic, fast-growing real estate investment firm specializing in the acquisition, renovation, and disposition of residential properties. Founded on the principles of operational excellence and scalable growth, they have established a strong presence in the Cleveland market with ambitious plans for multi-market expansion.
Their success is built on a foundation of strategic property selection, efficient renovation processes, and strong property management. They are currently scaling their operations significantly, with plans to expand their monthly transaction volume and enter new markets. Their team combines real estate expertise with operational innovation to create value for their investors while contributing to community development.
They pride themselves on their entrepreneurial culture, where quick decision-making and execution are valued, and team members are empowered to drive meaningful impact. As they enter their next phase of growth, they are seeking exceptional talent to help shape and scale their operations across multiple markets.
Position Overview:
They are seeking a hands-on Chief Operating Officer to lead and scale their real estate operations, initially focusing on the Cleveland market with planned expansion to additional regions. The ideal candidate will be both strategic and tactical, capable of building and managing teams while being willing to roll up their sleeves and work directly in the field when needed.
Key Responsibilities:
Operations Leadership
Oversee the entire acquisition-to-disposition process, including property sourcing, renovation, leasing, and sales
Build and manage high-performing teams across acquisitions, construction management, and property management
Develop and implement systems, processes, and KPIs to create a consistent, repeatable business model
Create operational playbooks that can be replicated in future markets
Manage and optimize the speed of property turnaround to maximize capital efficiency
Team Development
Recruit, hire, and develop key personnel across all operational functions
Build a mid-level management structure to support scaling operations
Oversee construction managers, property managers, and acquisition specialists
Ensure proper training and accountability across all operational teams
Construction & Property Management
Oversee renovation projects from scope definition through completion
Manage contractor relationships, bidding processes, and project timelines
Ensure quality control and compliance with renovation standards
Supervise property management operations, including tenant screening, leasing, and maintenance
Financial Performance
Drive operational efficiency to maximize per-unit profitability
Manage renovation budgets and operational costs
Work to reduce project timelines to increase capital turnover and annual returns
Implement controls to prevent theft and ensure financial integrity
Qualifications
Proven experience in real estate operations, preferably in residential property management or development
Strong track record of scaling operations and building teams
Experience with construction management and contractor oversight
Demonstrated ability to create and implement operational systems and processes
Strong financial acumen and experience managing budgets
Excellence in project management and ability to manage multiple priorities
Outstanding leadership and team-building capabilities
Location & Travel
Initial presence required in Cleveland, Ohio (travel OK)
Company-provided temporary housing available for first 6 months
Flexibility for remote work/travel home on weekends
Future travel to additional markets as the company expands
What they Offer:
Base salary commensurate with experience
Performance-based bonus structure tied to unit volume and profitability
Significant earning potential as the company scales to 100 units per month
Comprehensive benefits package
Average salary estimate
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Join the dynamic team at a leading real estate investment firm as the Chief Operating Officer! Based in Cleveland, OH, this firm specializes in the acquisition, renovation, and disposition of residential properties, and they're on a mission to expand into new markets. As a deeply strategic and hands-on leader, you'll have the chance to drive operational excellence while scaling their real estate operations. The ideal COO will oversee everything from property sourcing and renovation to leasing and sales, ensuring that every step of the acquisition-to-disposition process runs smoothly. You'll build and lead high-performing teams across various functions, develop efficient systems and processes, and create operational playbooks that lay the foundation for future growth. With a true entrepreneurial spirit, this firm values quick decision-making and recognizes the importance of empowering its team members to drive significant impact. Beyond managing the renovation projects, contractor relationships, and quality control, you'll also focus on maximizing profitability and financial performance, ensuring every aspect of the operation is finely tuned. This role offers flexibility with hybrid work options and travel, providing temporary housing for the first six months. With a significant earning potential tied to performance and growth, this opportunity promises to advance your career while contributing positively to community development. If you're ready to take on a pivotal role in an ambitious firm with expansive plans ahead, we want to hear from you!
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