Here is an example of how the RTF property of a richtextbox will look for your text:
{\rtf1{\fonttbl{\f0\fnil\fcharset0 Tahoma;}}
{\colortbl ;\red255\green0\blue0;}
\f0\fs24 Then Jesus turned, and saw them following, and saith unto them, \cf1 What seek ye?\cf0 They said unto him, Rabbi, (which is to say, being interpreted, Master,) where dwellest thou?\par
}
Note the color defined in the color table (colortbl) which is red at index 1. I has the tag \cf1. Default \cf0 is black.
So use the same header I gave (you can change the font).
You can use a regular expression to replace \...\
with \cf1 ...\cf0
.
As an alternative, you can use {\cf1 ...}
Then assign the result (whole rtf) to the rtf property of a richtextbox. If you need help with any of this let me know.
By the way, it would be better if you can tag the red letters with some different tags, for example <Red>...<red>
or <R>...<r>
instead of \...\
to avoid problems.