Animal Fix

“Basset Hounds Humphrey and Henrietta, Crestwood.”

If you have any animal/pet photos you’d like to share please send an email to princeofpetworth(at)gmail(dot)com with ‘Animal Fix’ in the title and say the name of your pet and your neighborhood.  If you love the animal fix and want to ensure PoPville’s long term viability please consider joining our Patreon here.


Sponsored

The reality

You’ve probably never read your building’s property management contract all the way through. Most board members haven’t either. If you did, you’d find a carefully defined scope of work — vendors coordinated, maintenance dispatched, assessments collected, reports generated.

What you wouldn’t find: anything about fiduciary duties. Reserve funding strategy. Compliance tracking. Case documentation. Institutional memory. The legal obligations that make your board personally accountable to unit owners.

That’s not an oversight in the contract. It’s the contract. Property management was never designed to cover governance. And yet most boards — paying $10,000 to $18,000 a year for the service — assume it does.

Operations and governance are different jobs. One has a contract. The other has a fiduciary duty.

What your building is paying — and what it’s getting.

What the contract covers. What it doesn’t.

The markup problem most boards don’t know about.

Beyond the management fee, most property management companies mark up vendor invoices — the plumber, the landscaper, the elevator contractor — by 10 to 15 percent before passing the bill to the association. It’s legal. It’s common. And boards have almost no visibility into it. (more…)


Bars

Anthony shares the photo above and asks: “Oh wow, it seems like Political Pattie’s may have already closed. Anyone confirm, PoPville?

DC Boy replies: “Someone on Reddit said it looks like they just changed their hours/days open. There’s nothing indicating they’re closed on their IG.”

Considering how viral that reddit post went on all other social media I’m surprised Political Pattie’s didn’t at least update their IG, that in and of itself, on top of everything else, doesn’t seem to bode well but what the hell do I know I’m here for the hawks…

STAY TUNED.


Event

Hosted by DC nonprofit Archaeology in the Community, this annual festival gathers archaeologists and other heritage-related professionals from across the DC, Maryland, and Virginia region to share the stories, science, and the discoveries that shape our understanding of the past. Taking place as part of DC Archaeology Month in June, the festival offers a full day of engaging experiences designed especially for kids and families.