I found the perfect pair of cheap boots at Savers for $6.
I bought some studs and spikes from this etsy shop.
I spent a few nights (yes a few nights because I am super slow) poking holes through the pleather with various tools and ended up with some killer boots.
Using cheap pleather boots makes studding so much easier, at least I think so. These boots zip up the sides so I don't have to bother tying up the laces and I don't have to worry about poking myself with the studs I put on the tongues.