A wall hole punch device is provided. The punch device has a wall-engaging surface, a floor-engaging surface, and a punch. The punch has a punching end, which generally has an angled face for pushing the chad downwardly and away from the hole. The bottom of the punching end is high enough to clear typical base plates when the punching device is used as intended. The top of the punching end is low enough so that the hole can be covered by baseboards of conventional height. A method of punching holes in walls and a method of drying walls using the device are also provided.