I do a combination of TQ's gravity drain out the bleeder screws, but also use vacumn pump from Harbor Freight $19 (all metal hardware similar to MityVac $45 version) to provide suction. Use an old turkey baster to take out almost all the old fluid in master cylinder. Fill with fresh fluid. Fill clear tube with fluid and attach to nipple, other end to vacumn pump, apply modest vacumn and open bleeder valve, watching bubble down hose to vacumn pump.
Check M/Cylinder for fluid visible in window and add as needed. Eventually the old stuff will be fresh purple (if DOT5) my sporty uses. It will be clear gold if fresh, not brown or amber (if DOT4)...don't know (DOT5.1 looks like but it is likely the same as DOT4). I have dual disc brakes, so I do the farthest side from M/C Left 1st, then bleed the right side 2nd. I do the rear last and your good to go for another 2-3 years depending on how much wet or humid weather you go through.