I got tired of hanging my bikes by hand so I threw some pulleys at the problem, check it out.

The Goods:
Board: $4.48
https://www.homedepot.com/s/2x2?NCNI-5

Paracord: $4.98
https://www.homedepot.com/p/Everbilt-...

Fixed Pulley: $2.98
https://www.homedepot.com/p/Everbilt-...

Swivel Pulley: $2.98
https://www.homedepot.com/p/Everbilt-...

Eyelet: $5.84
https://www.homedepot.com/p/Everbilt-...