Installing bathroom vents can sometimes be complicated. If you’re not an experienced DIYer, it is better to leave making this hole to a professional.
You need to make the soffit hole in the proper location and as perpendicularly close to the bathroom as possible. The hole needs to be between the roof lookouts, which are also known as the rafters.
This area needs to be marked first, so you don’t make the hole in the wrong place. You can get a template from the manufacturer of the vent cover. Using that template helps a lot and reduces the chance of making the hole bigger or smaller than necessary.
When you’ve marked the soffit accurately, use an adjustable or fixed hole saw to make the hole.
You can also use a tin snip or a jigsaw instead as well. Now polish the edge of the hole to make it smoother. The most important thing is to make sure not to damage the soffit during this step.