Balki, welcome to RO! You are on the correct path to consider a dynamic mic in your circumstances. A condenser can easily pick up too much of the "room" sound, and if that "room"is a bedroom,say, the results can be frustrating.
I would suggest sticking to the Shure SM58 or the Audix OM5 for vocals. I personally do not care for the AKG dynamics, mainly due to their inability to stand up under hard conditions. Plus, I believe that both Shure and Audix, make the 2 best handheld vocal mics around. You may find that the OM5,with its tighter pick-up pattern, is even better suited for your application. The tighter the pattern, the less the room becomes a problem.

moonbaby wrote: Balki, welcome to RO! You are on the correct path to consider a dynamic mic in your circumstances. A condenser can easily pick up too much of the "room" sound, and if that "room"is a bedroom,say, the results can be frustrating.
I would suggest sticking to the Shure SM58 or the Audix OM5 for vocals. I personally do not care for the AKG dynamics, mainly due to their inability to stand up under hard conditions. Plus, I believe that both Shure and Audix, make the 2 best handheld vocal mics around. You may find that the OM5,with its tighter pick-up pattern, is even better suited for your application. The tighter the pattern, the less the room becomes a problem.

Glad to be here bud. Wow! I just read some reviews on the Audix & I'm impressed there was alot of compliments on how it reduces the feedbk and just catches the voice real well so you could get great voice at very high gain. I have a really cheap dynamic mic & that's something that bothers me alot all the air & hiss it picks up when my gain is turned up all the way & you really can't hear my voice to good bc of it. I might consider getting the audix. I'm using it for recording, but if it's good for live use should be good for recording .

The audix is a good mic, but if your getting lots of air and hiss from your cheap dynamic mics with the gain way up theres a good possibillity this is coming from (I'm assuming) your cheap preamps. So while your tone would improve if you have to continue to crank the gain to get the levels that you want, you may still hear the hiss. At least at this point you'll have a nice mic and know exactly what to buy next. Good luck

I have a Yamaha MG10/2 Mixer. I also heard that the audix is good but you need a good pre-amp bc the levels are real low is this true?

Balki, the sensitivity of he Audix OM line varies a great deal. This is because some models are designed for a high-decibel environment, like a stage loaded with chugging Marshall stacks. I believe the OM7 is that model. The OM5 and 6 models are great, the OM5 is a dynamic and rocks.
I don't know what the price is where you live, but you should definitely try one out. And if push comes to shove, you can't really go wrong with a 58.
Lots of rock'n'roll has been laid down with it, even in the studio.

I do second the 58, like moonbaby sasid, lots of great records have been made with it. You may also consider a sennheiser 835- same price, a little darker, my personal favorite. Either way you can't go wrong-