Building your own home studio doesn’t have to be as expensive and difficult as it seems. If you don’t have a lot of money to invest or a lot of time or space… You can keep it simple and affordable with just these few things…
Apple Computer- Which most people already have these days…Macbook Pro is best for being able to take it on the go and the bigger the screen the better!
Your favorite music making software- could be Logic, Pro Tools, Reason, Ableton…my personal favorite is Logic!
Mbox- I use M-Audio.
Monitor speakers- KRK Rokits are a popular choice.
Midi control, I use M-audio for this too.
A mic with mic stand if you will be doing recording.
Remember all of these things can be purchased second hand in great condition, no need to spend double the money to buy brand new! So many people are selling their equipment almost brand new for not even half the price of what it is new! Just look around in local music trade stores, ebay, craigslist, amazon! Good deals are out there!
And as you go, you keep upgrading! Make your dreams come true!