BiggerPockets

Most likely, in the time it took you to take that picture, download it, paste it here, and write your post, you could have just patched the hole! :)

Here you go:

http://www.ehow.com/video_4150_patch-hole-drywall.html

If the wall is textured, e.g., knock-down or orange peel, the repair will take a little longer to make it look good. Nothing screams "amateur" more than a nice smooth patch on a rough textured wall. ;-)

You can buy small cans of texture touch-up for under $10 at a hardware store. Trying to match the texture of the existing wall takes a little practice (and I'm still practicing myself!), but if done properly, makes the patched area virtually invisible like it never happened.

You can a metal patch with fiber mesh tape over it at HD. Buy the small and put a thing coat on first time. Sand lightly, then put on another coat and sand with find sponge. This should do it. If not use another coat and sand to feather in. I would use 20 minute mud for a repair. Work fast because it sets up in about 10 minutes.

thanks, I appreciate the responses

MY way of fixing that so it doesnt happen again is to cut a thin,,,aprox, same width as the hole,,,of plywood and slip that in there with a drywall screw to hang onto or a wire or string. Use paneling glue,or other good permannet glue to go around the edges of the hole, Take more drywall screws and screw the drywall to the plywood strip above and below the hole.Should be 6-8 inches higher and lower than the hole for good results. Cut a little chunk of drywall that just fits in the center spot and screw and glue that fast inside the hole,,then it takes alot less patching and your actually done quicker than patching from zero fill. Use mesh and your good in 2-3 coats,,,and it drys quicker with less mud in the hole.

Another tip is to cut this round hole to JUST square with the hole, then plywood slips thru as wide as possible on the angle and fits over side of holes better when put on straight,,,clear as mud???

Had patches on where doorknobs knocked holes 20 years ago and its as strong and as good today as then. Makes repaired area 10 times stronger than it was!!

if your plywood poor and in a hurry you can use another piece of scrap drywall same as plywood

I use rolled metal flashing, cut to size. Stick it to the wall with construction adhesive. Feather the edges with instantly paintable spackle and paint. Total elapsed time is about 20 minutes including cleanup of tools and stuff.

Good one Steve..! LOL