The only tools you need are a turkey baster, an 8mm flare wrench, a 10mm flare wrench, a hose clamp, some clear tubing, and an empty soda bottle with a hole drilled in the lid.
Pour some brake fluid in the soda bottle
Put the tubing down the bottle so the end is submerged in the brake fluid.
Put the flare nut wrench on the bleeder valve
Place the tubing over the bleeder valve, and use the hose clamp to tighten it down.
Pop the top off of the master cylinder
Empty as much fluid as you can with the turkey baster, and fill it with fresh fluid
Open the bleeder valve
Pump the brakes, watching the fluid come out
Keep an eye on the fluid level in the master cylinder. Keep refilling as it goes down.
When the fluid runs clear, you're done. Tighten the bleeder screw, and move on to the next wheel.
I like to start at right rear, then go left rear, then right front, finishing up at the left front.
EricTheCarGuy has an awesome video showing this process
. I've done it, it really works great.