BuddyPress.org

What’s worked with me is a combination of Peter’s Login Redirect, and using .htaccess + .htpassword to limit access to wp-admin, which means people won’t have access to the dashboard AT ALL without your login and password.

Here is a simple tutorial to get you started.

http://www.cs.cmu.edu/~help/web_publishing/password_protect_pages.html

I also don’t use the default login link that is located on the top admin bar of buddy press, as that throws a person to the dashboard automatically.