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Chief Operating Officer @ Real Estate Investment Firm

Right Hand Talent
Cleveland, OH Full Time
POSTED ON 4/5/2025
AVAILABLE BEFORE 5/4/2025

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

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