id like to set up my own home studio, not the best studio of course but have your typical gear.
i would like to know how to record and produce nicley, does anyone know how to do this or could link me to a nice guide or something?

http://www.ultimatemetal.com/forum/production-tips-449/
http://www.ultimatemetal.com/forum/equipment-414/

Some people on that website have professional studios, they will definitely help you setup a home one.

How nice you talking? I had over $25,000 in studio equipment. Do you need to record a whole band at once, or are you just recording yourself? That can save a bundle pending on how "nice" of a set up you want.

The three things I would suggest you to be looking for first:

#1
A good interface. I'd suggest a firewire interface, depending ofcourse of your needs. On most USB interfaces, you can only record 2 track at one time, though there are exceptions.
With a firewire interface, you can record as many as you please, assuming your Mac or PC can keep up.
An interface with 2 mic preamps will be enough for smaller studios, but if you want to record live drums, you need more than 2 channels.

#2
Good studio monitors. The speaker are the most important in your studio.
(I'd suggest you looking into ADAM, Yamaha, Focal or KRK for mid-level monitors, though the KRKs are known for overemphasizing the bass frequencies.)

#3
In order to have your monitors be of any use, get some accoustic foam to place on the walls.
Theres a ton of guides on how to do this online, so I'd start there. Dont fully cover your room with foam, though.

If #2 and #3 isnt an option due to budget, I'd suggest a nice pair of studio headphones.
I personally use the AKG K-271mkII, and I am very happy with them.


Out of curiosity, what is your budget, and what sort of music do you plan on producing?


Also, this series of videos might be helpfull in regards to treating your room and speaker placement.
http://www.youtube.com/watch?v=02qpJt0hsL0