VoIP (pronounced “Voyp”) stands for “Voice over Internet Protocol” and to make a long story short—it allows you to make calls through your home internet connection. When you make a call with your VoIP system, your voice is converted into data and transmitted to the caller at the other end in the form of high-quality audio. The sound and connection typically are seamless enough to where you won’t even know the call you’ve received is from a VoIP line. 
Our real estate investment company has 14 phone lines altogether. For a phone service, we needed a local number, good call quality, uninterrupted service, calling apps for our laptops and cell phones, and an internal messaging platform for team communication. We started out with a niche company called Sound Communications, but their call quality and app were not very good. So once we made a bit more income, we decided to switch to RingCentral. RingCentral provides great call quality and is highly recommended in the real estate investment community. They are on the pricier side—$419.88 per line per year—but I’m OK with the price because their service is worth it and the high-quality phone calls are very important to our business.
On the customer service front, RingCentral receives mostly positive reviews, offering phone assistance during standard work hours, 24/7 online chat service, and ticket service, in addition to weekly webinars and an extensive online knowledge base. Businesses of 20 users or fewer should note, however, that RingCentral favors larger enterprises for US-based support and outsources smaller-office support overseas.
From an end user point of view, the actual phone service works in the same way, you pick up the phone to answer a call or to dial a number just like with a landline service. Number porting means you can keep your existing phone number and simply switch it over to your new service provider. The residential VoIP providers take care of the call routing and you can call any destination and receive calls from anyone, just like with regular home phone service.
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