Jatinder Pal Singh

If you want FACEBOOK like functionality for your buddypress installation where Homepage for Vistiors is different than Logged in users, you should try this plugin. This plugin performs following tasks:
** when user log into your website, user is redirected to his/her profile. 
** when user try to move to homepage, user is redirected to his/her profile. 
** when user logs out of your website, user is redirected to homepage of the website.
because once users are logged in, there is no need to appeal them to register,so they shouldn’t be sent their again. 
Now you can select the user role, who can view the homepage. Roles which can be selected; 
None:- Nobody is allowed to view homepage 
Administrators:- Only users with the role ‘administrator’ can view the homepage 
Editors:- Only users with the role ‘editor’ can view the homepage 
Authors:- Only users with the role ‘author’ can view the homepage 
Contributors:- Only users with the role ‘contributor’ can view the homepage 
Subscribers:- Only users with the role ‘subscriber’ can view the homepage
This plugin is successfully tested with WordPress 4.1 and buddypress 2.1.1
<h3>Support Questions</h3>
if you want to ask anything regarding this plugin, you can always put your questions on my website http://www.jpsays.com

BP Profile as Homepage

If you want FACEBOOK like functionality for your buddypress installation where Homepage for Vistiors is different than Logged in users, you should try …

Version 2.2 Completely Re-Written. 
Tested with WordPress 4.1 and Buddypress 2.2.1. 
This plugin gives an option to buddypress based website owners to decide that where their users should be redirected after the login. Currently users can be redirected to 3 different locations after login. 
1. Personal Profile / Personal Activity Page 
2. Site wide Activity 
3. Friends’ Activity 
4. Custom URL
After Logout, Users will be redirected to Homepage. No Separate plugin required for this.

BP Login Redirect

Allows to decide buddypress website admins where their users should land after log in.

BP Profile as Homepage vs BP Login Redirect