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Find a Location

Platinum Investment Properties, LLC. has 2 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

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    Please enter a valid location.

    Business ProfileforPlatinum Investment Properties, LLC.

    Real Estate Investing
    Multi Location Business

    Current Alerts For This Business

    Out of Business:
    According to information in BBB files, this business is no longer in business.

    At-a-glance

    Customer Reviews

    3.4/5stars

    Average of 5 Customer Reviews

    Customer Complaints

    4 complaints closed in last 3 years

    3 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Related Categories

    Business Details

    This is a multi-location business.

    Find a Location

    Platinum Investment Properties, LLC. has 2 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      Location of This Business
      17 Executive Park Rd Blg 1, Hilton Head Island, SC 29928
      BBB File Opened:
      1/11/2006
      Business Started:
      5/1/2001
      Business Started Locally:
      5/1/2001
      Licensing Information:
      This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
      BBB records show a license number of 20438 for this business, issued by City of Hilton Head SC

      These agencies may include:

      City of Hilton Head SC

      One Town Center Court

      Hilton Head Island SC 29928

      (843) 341-4600

      http://www.hiltonheadislandsc.gov/

      Type of Entity:
      Limited Liability Company (LLC)
      Alternate Business Name
      • PIP Group
      Additional Contact Information

      Phone Numbers

      Customer Complaints

      4 Customer Complaints

      Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

      File a Complaint

      Most Recent Customer Complaint

      06/12/2023

      Complaint Type:
      Product Issues
      Status:
      Unanswered
      I invested $50,000 with PIP Group. For the first couple years, the firm was very professional and good at communicating. However, since COVID, they have not been. They have pretty much ignored me and failed to provide updates on my portfolio for 2+ years. I have not received any tax lien redemption checks since January 2021. On January 31 of this year, the company finally responded to an inquiry from me for an account update and said that they were in possession of 5 redemption checks totaling $16289.65 and that they would send them to my ****** ***** account. As of 10 June, I had not received any of those checks. They said that a lot of the property laws in ******** have changed, making ******** tax liens unfavorable and a lot more difficult for investors to make it profitable. They also said I have 5 open liens that they are trying to file sale in errors to recoup my principal. The sale in error usually takes about 6 months to know if they will get them approved. Given how poor the communication has been and the fact that they didn’t send me any redemption checks for over two years, I am not confident that they will actually follow through on recouping my principal. I would like the company to immediately send me all of my redemption checks in its possession, and going forward send any redemption checks they receive within 2 weeks of receiving them. I would also like them to immediately purchase my outstanding liens from me plus a reasonable return, as I do not have confidence that they will take the necessary action to recoup the principal on my remaining liens in a timely manner. The liens were supposed to pay 24%. I understand that tax liens are not without risk, but they have historically been considered pretty close to risk free. Finally, I would like the company to reimburse me any fees charged since January 2021 when they effectively “went dark” and stopped sending redemption checks and stopped responding to me in a timely manner and without hassle.

      Customer Reviews

      5 Customer Reviews

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      How BBB Processes Complaints and Reviews

      Start a Review

      Most Recent Customer Review

      Dr. David A.

      1 star

      01/30/2023

      AVOID,AVOID,AVOID, I am in the process of getting the ATTORNEY GENERALS OFFICE from South Carolina, Illinois, and Georgia involved and will be requesting a FULL investigation of the PIP Group. This company should be SHUT DOWN ASAP; but unfortunately these processes take time. They will keep your redemption checks for tax lien certificates. They will charge thousands of dollars in INITIAL FEES and then in my case, after they purchased the tax lien certificates they charged me another 48,000 dollars in what they call a REASSESSMENT FEE. After speaking with their attorney S.M. (I do not want to mention his name, but thank you C.M. from pip group for his info) in Illinois he stated to me that he has nothing to do with the company anymore. This is only the beginning of their unlawful actions. Dr. David A

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