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You can set up home server but it is not recommended. There is too much tech staff you should consider and bandwidth we'll you'll get from ISP we'll be too low. If you're not satisfied with shared...

You'll get much better service when you pay for hosting. More features, faster performance, better support... You cannot start serious website on a free hosting.

You must use database administration tools like phpMyAdmin or similar.

If you want to sell domains you registered you might try sedo.com, they are the best place for reselling domains.

Before choosing host, do check user reviews about hosting companies you consider. Also check if these hosts offer all the features you'll need to build and maintain your website. It should have...

Google Chrome is the fastest browser currently. And it support HTML5 and videos without additional plugins. I definitely recommend it when compared to both IE7 and IE8.