Out-of-town landlord Raineth Housing owes Hamilton County $600,000 in property taxes, fees and interest

WCPOPublished: February 8, 201810 views
Published: February 8, 2018

In the blur of millions of property records, it's easy to miss Raineth Housing, one of Cincinnati's biggest out-of-state landlords.  The company owns more than 300 houses in Hamilton County, many of them in the city's Price Hill neighborhoods. Ed Renwick, CEO of Raineth Housing, said the company has spent $9 million on houses in the Cincinnati market, and another $3 million rehabbing them.  "I am motivated to get rich and I am motivated to make this a better place," he said. But the I-Team found Raineth is delinquent on its property taxes, owing hundreds of thousands of dollars. And a neighborhood development group thinks Raineth isn't really helping Price Hill become a better place.

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