This is a very easy and cheap tutorial that can be done with some basic tools.
You can use it as in the first part and get a more professional look by finishing it with a carbonfiber Di-Noc foil and some black paint if you want to...
If you'r looking to make one, you can simply adjust some stuff to your own preferences, this is how it worked out best for me.
It's a compact lightweight frame that I can take everywhere in my backpack to make more stable footage and I can add my LED light on it to make some footage at parties or in the dark.
The picture tutorial was made after I've finished the structure...so you'll see some holes where already drilled but it should be quite easy to follow my steps.