EXHIBIT 31.2

CERTIFICATION

I, Philip
Bloom, Principal Financial Officer and Principal Accounting Officer, certify
that:

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|1. | I have
  reviewed this Annual report on Form 10-KSB of Monarch Investment Properties,
  Inc. for the year ended June 30, 2008;                                                                                                                                                                                                    
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|2. | Based on my
  knowledge, this Annual report does not contain any untrue statement of a
  material fact or omit to state a material fact necessary to make the
  statements made, in light of the circumstances under which such statements
  were made, not misleading with respect to the period covered by this Annual
  report;
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|3. | Based on my
  knowledge, the financial statements, and other financial information included
  in this report, fairly present in all material respects the financial
  condition, results of operations and cash flows of the small business issuer
  as of, and for, the periods presented in this report;                        
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|4. | The small
  business issuers other certifying officer and I are responsible for
  establishing and maintaining disclosure controls and procedures (as defined
  in Exchange Act Rules 13a-15(e) and 15(d)-15(e)) for the small business
  issuer and we have:                                                                    

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| | a) | Designed
  such disclosure controls and procedures, or caused such disclosure controls
  and procedures to be designed under our supervision, to ensure that material
  information relating to the small business issuer, including its consolidated
  subsidiaries, is made known to us by others within those entities,
  particularly during the period in which this Annual report is being prepared;
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| | b) | Designed
  such internal control over financial reporting, or caused such internal
  control over financial reporting to be designed under our supervision, to
  provide reasonable assurance regarding the reliability of financial reporting
  and the preparation of financial statements for external purposes in
  accordance with generally accepted accounting principles;                         
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| | c) | Evaluated
  the effectiveness of the small business issuers disclosure controls and
  presented in this report our conclusions about the effectiveness of the
  disclosure controls and procedures, as of the end of the period covered by
  this report based on such evaluation; and                                                                                                                   
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| | d) | Disclosed in
  this report any change in the small business issuers internal control over
  financial reporting that occurred during the small business issuers most
  recent fiscal quarter that has materially affected, or is reasonably likely
  to materially affect, the small business issuers internal control over
  financial reporting; and                                                 

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|5. | The small
  business issuers other certifying officer and I have disclosed, based on our
  most recent evaluation of internal controls over financial reporting, to the
  small business issuers auditors and the audit committee of the small
  business issuers Board of Directors (or persons performing the equivalent
  function);

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| | a) | All
  significant deficiencies and material weaknesses in the design or operation
  of internal control over financial reporting which are reasonably likely to
  adversely affect the small business issuers ability to record, process,
  summarize and report financial information; and
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| | b) | Any fraud,
  whether or not material, that involves management or other employees who have
  a significant role in the registrants internal control over financial
  reporting.                                                                                                            

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|Date:
  August 4, 2008            | 
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|/s/ Philip
  Bloom                | 
|                                  | 
|Philip Bloom                      | 
|Principal
  Financial Officer and | 
|Principal
  Accounting Officer    | 

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