I have read, watched videos, purchased books, and still feel that I'm not knowlegable enough to approach my first deal and be taken seriously.

I teach about 50 different classes a year to help people do that, I have checklists and processes that specialize in that, I write books to help people with that and so.

They have finally came up to $1000. 

Another scenario is if I buy a property from a wholesaler who wants me to pay all of the closing costs, what would those be based on the logic that in this case im paying both the buyers and sellers closing costs.I have purchased a few houses and I have read a few books on flipping and wholesaling, Im just having trouble understanding what values to put in the calculators to determine my Maximum offer amount. 

Hello everyone, been listening to the podcast for a while now and finally am getting around to creating an account!

Also, if you buy the property, your property taxes are going to increase because of the new, higher sale price, so go to the Property Appraiser's website and see what their MIL rate (usually a combination of both the county and city),  Finally, run your numbers through the BP Rental Property Calculator. 

Once you pick your strategy then hone in on that with books and podcast.

Is the repair cost book that BP has include stuff like this?

Let's say, on average, a new home of the same type is selling for $45,000 multiply it by 10%, means I should deduct $4,500 to get to my final ARV.Any thoughts?

Right now I'm about to order some books to get better educated on the process.