Joined: Jul 2002
Posts: 40,863
Likes: 3,115
From: Sacramento, California, USA
Bikes: Specialized Tarmac, Canyon Exceed, Specialized Transition, Ellsworth Roots, Ridley Excalibur
You could just run some simple nylon webbing through the hole, leaving a few inches below the bottom of the joist, and use that to hang the bike by the nose of the saddle.