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 Quarterly Report on Form 10-Q of Monarch Investment Properties,
 Inc. for the period ended September 30, 2008;                                                                                                                                                                                               
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|2. | Based on
 my knowledge, this Quarterly 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
 Quarterly 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 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 Quarterly Report is being
 prepared;
|   |                                                                                                                                                                                                                                                                                                                                     |                                                                                                                                                                                                                                                                                                                                                                                                          
|   | 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;                             
|   |                                                                                                                                                                                                                                                                                                                                     |                                                                                                                                                                                                                                                                                                                                                                                                          
|   | 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 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                                                                                                                 
|   |                                                                                                                                                                                                                                                                                                                                     |                                                                                                                                                                                                                                                                                                                                                                                                          
|   | 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.                                                                                                                                                                                                                            

Date: October
10, 2008

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|--------------------------------
|/s/ Philip Bloom                
|                                
|Philip Bloom                    
|Principal
 Financial Officer and
|Principal
 Accounting Officer   

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